Bio Vin Seeks Partners for ₹40 Cr API Plant in Telangana

Bio Vin Research Laboratories Pvt. Ltd. is set to expand its footprint in the pharmaceutical industry with a new Active Pharmaceutical Ingredients (API) project in P Domalapalle, Nalgonda, Telangana. The company has committed ₹40 crores to develop this state-of-the-art facility, which will significantly boost its production capacity.

The new API unit will have an impressive production capacity of 837 tonnes per month, underscoring Bio Vin’s dedication to meeting the growing demand for pharmaceutical ingredients. This investment reflects the company's strategic move to enhance its manufacturing capabilities and strengthen its position in the pharmaceutical sector.

Located in Nalgonda, the facility is strategically positioned to leverage local resources and infrastructure, which will facilitate efficient production and distribution of APIs. The choice of location also highlights Bio Vin's commitment to contributing to the regional economy and supporting local development.

The project is expected to have a positive impact on the pharmaceutical industry, providing high-quality APIs for various applications and helping to ensure a stable supply of essential ingredients. Additionally, the new facility will likely generate employment opportunities and stimulate economic growth in the area.

As Bio Vin Research Laboratories progresses with this project, stakeholders and industry experts will be keenly watching its development, anticipating its contribution to both the pharmaceutical market and the local economy in Telangana.

News by Rahul Yelligetti