Gujarat Gets a Boost: Innovative Finechem Invests ₹7 Crore in API Project

Innovative Finechem LLP is initiating an Active Pharmaceutical Ingredients (API) Project in Umiya, Mahesana, Gujarat, with an investment of ₹7 crores.

This project aims to produce 115 tonnes per month (TPM) of active pharmaceutical ingredients, catering to the growing demand in the pharmaceutical industry.

APIs are the key components of pharmaceutical drugs, and this project will contribute to the domestic production of these essential ingredients.

The project is strategically located in Gujarat, taking advantage of the state's favorable industrial environment and infrastructure.

In addition to meeting domestic demand, Innovative Finechem LLP's API Project has the potential to support export markets, further boosting India's pharmaceutical sector.

News by Rahul Yelligetti