Current Date: 09 Jul, 2024

Avid Organics Makes a Healthy Move: 15 Crore API Unit Coming to Gujarat

Avid Organics Private Limited's foray into the production of Active Pharmaceutical Ingredients (APIs) in Poicha, Vadodara, Gujarat, marks a significant milestone in the pharmaceutical landscape of India. With an impressive projected output of 565 tons per month, this project is poised to meet the escalating demand for APIs both domestically and internationally. The investment of 15 crores underscores the company's commitment to scaling up its operations and contributing to the growth of the pharmaceutical sector in the region.

Situated strategically in Gujarat, known for its conducive business environment and robust infrastructure, Avid Organics' API project holds immense potential to capitalize on the state's well-established pharmaceutical ecosystem. By leveraging state-of-the-art technology and adhering to stringent quality standards, the company aims to establish itself as a reliable and leading supplier of APIs in the global market.

Beyond its economic implications, Avid Organics' initiative is aligned with the broader goal of enhancing healthcare accessibility and affordability. APIs form the essential building blocks of pharmaceutical formulations, and by ramping up their production, the company not only ensures a stable supply chain but also empowers pharmaceutical manufacturers to develop cost-effective medications for diverse medical needs.

News by Rahul Yelligetti

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Source : Projxnews