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It was incorporated in 1954. This was the first public sector company in drugs and pharmaceuticals. It has its plant located at Pimpri. There are three joint sector units promoted by HAL in collaboration with the respective State Governments. These are Karnataka Antibiotics and Pharmaceuticals Ltd. Bangalore (Karnataka), the Maharashtra Antibiotics and Pharmaceuticals Ltd. (MAPL) at Nagpur (Maharashtra), and Manipur State Drugs and Pharmaceuticals Ltd. (MSDPL) at Imphal (Manipur). The company produces a wide range of pharmaceutical formulations including agro-vet products.