Current Date: 08 Jul, 2024

Yamuna Meta Chem plans to set up Pharmaceutical Ingredients Project in Gujarat

Yamuna Meta Chem plans an API project in Panoli, Bharuch, Gujarat. The Rs. 8 crore project, which is still in planning, will employ 1,000 people.The API plant produces antibiotics, anti-inflammatories, and cardiovascular medicines. The factory should open in 2025.Yamuna Meta Chem is a top speciality chemical and intermediate company. The company has multiple product patents and a good innovation record.The new API factory is Yamuna Meta Chem's biggest investment and shows its growing ambitions. 

The project is anticipated to increase API production in India and fulfill rising demand for these vital pharmaceuticals.Here are some of the key features of the Yamuna Meta Chem API project:Location: The plant will be in Panoli, Bharuch, Gujarat. This site is strategic due to its proximity to the Arabian Sea and transit networks.Capacity: The factory will produce 100 tonnes annually. This capacity will make the plant one of India's largest API facilities.Products: The factory will produce antibiotics, anti-inflammatories, and cardiovascular medicines. 

These vital medications address many disorders.The project will cost Rs. 8 crore. This big investment shows the company's expansion commitment.employment: The factory should create 1,000 employment. This many jobs will improve the local economy.The Yamuna Meta Chem API project is a major pharmaceutical development in India. The project is anticipated to increase API production in India and fulfill rising demand for these vital pharmaceuticals. The initiative should also help the local economy and create jobs.

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