Current Date: 08 Jul, 2024

Om Lifecare Industries planning to set up Active Pharmaceutical Ingredients Project in Gujarat

Om Lifecare Industries is planning a new Active Pharmaceutical Ingredients project at Saykha, Bharuch, Gujarat.They are a drug company with headquarters in Saykha, Bharuch, Gujarat. They have been in business for more than 20 years and have a strong history of coming up with new ideas and making good products.Their most recent project is the Active Pharmaceutical Ingredients (API) Project. It is a greenfield project that will make a number of APIs for the pharmaceutical business. 

The project is estimated to cost about 500 billion rupees (INR) and will create about a thousand jobs.The project is still being planned, but it should be finished by 2025.Here are some more details about the project:The project will be set up on a 100-acre plot of land in Saykha.The project will produce a range of APIs, including APIs for anti-cancer drugs, anti-diabetic drugs, and anti-hypertensive drugs.

The project is expected to be completed by 2025.The project is expected to create around 1000 jobs.The API Project is a significant investment in the pharmaceutical industry in Gujarat. It is expected to boost the state's economy and create jobs. The project is also expected to help meet the growing demand for APIs in India

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