Situated within the Pharmaceutical SEZ in Hassan, Karnataka, Vidya Herbs is at the helm of a transformative Pharmaceuticals Manufacturing Unit project, signaling a new era with an initial investment of Rs. 24 crore for Phase 1. This strategic expansion extends the company's horizon beyond active ingredients to include finished pharmaceutical products, boasting an impressive annual production capacity of 240 tons, highlighting the substantial magnitude of this endeavor.
Renowned for its proficiency in plant extracts and essential oils, Vidya Herbs is leveraging its established expertise to venture into the pharmaceutical realm. While specific therapeutic areas remain undisclosed, the company's credible footing in the pharmaceutical landscape is evident through its existing experience and deep-rooted industry knowledge.
Amidst pending details regarding the target market and specific therapeutic focuses of the developed pharmaceuticals, Vidya Herbs' emphasis on sustainable practices within the project, particularly in waste management and water usage, underscores its commitment to eco-friendly approaches and sustainability objectives within the pharmaceutical manufacturing sector. This conscientious approach reflects the company's dedication to responsible practices while navigating its foray into pharmaceutical production.
As on December 2023, The project is currently in the stage of being approved currently awaiting approval from the government.
News by Rahul Yelligetti