Current Date: 08 Jul, 2024

Durva Chem plans to set up Bulk Drugs & Intermediates Manufacturing Unit in Gujarat

Durva Chem is developing a new Bulk Drugs and Intermediates Project in Manknaj, Mahesana, Gujarat.Durva Chem is India's major producer of bulk pharmaceuticals and intermediates. The company intends to invest Rs. 8 crore in a new facility at Manknaj, Mahesana, Gujarat. The plant will manufacture a variety of bulk medicines and intermediates for the pharmaceutical sector.Bulk medicines and intermediates 26.5 Tns is the project capacity. The plant is scheduled to be finished in 2025. Durva Chem claims that the new plant would assist the company fulfill rising product demand and increase its export markets.In addition, the company is investing in new technology to improve the efficiency of its manufacturing processes.

 According to Durva Chem, these expenditures will assist the company in reducing its environmental effect and improving its sustainability.Durva Chem's new plant represents a significant investment and demonstrates the company's dedication to expansion and innovation. The factory is projected to produce jobs and strengthen the Mahesana economy.Here are some of the details of the project:Location: Manknaj, Mahesana, GujaratCost: 8 CroresCompletion date: 2025Jobs created: 1,000Products produced: Bulk drugs and intermediatesThe plant will produce a range of bulk drugs and intermediates used in the pharmaceutical industry. 

These include:Anti-inflammatoriesAntibioticsAnti-cancer drugsPain killersOther prescription drugsThe plant will use the latest technologies to improve the efficiency of its production processes. This includes the use of automation, robotics, and energy-efficient equipment.Durva Chem says the new plant will help the company meet growing demand for its products and expand its export markets. The company also says the plant will help reduce its environmental impact and improve its sustainability.

As of September 2023, The project is now in the stage of receiving approvals & has obtained all necessary government permissions work of the project is anticipated to occur in either 2023 or 2024.

News by Rahul Yeligetti

Source : Projxnews