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Afton Lifescience, a pharmaceutical business headquartered in Bamanbor, Surendranagar, Gujarat, is planning a new Active Pharmaceutical Ingredients (API) Project at the same site. The project would cost INR 8 crores and will employ around 2,000 people. The new plant will be outfitted with cutting-edge machinery and technology to manufacture high-quality APIs. The APIs will be used in a wide range of pharmaceutical goods, such as medications, vaccines, and diagnostic tests. The API Project by Afton Lifesciences is projected to strengthen the local economy and offer new job possibilities.
The project will also assist India in meeting its expanding demand for high-quality APIs. The project is currently in the planning stages and will be completed in 2024. Here are some of the benefits of the Afton Lifescience new API Project: It will create jobs and boost the local economy. It will help India meet its growing demand for high-quality APIs. It will use state-of-the-art machinery and technology to produce high-quality APIs. The APIs will be used in a variety of pharmaceutical products, including drugs, vaccines, and diagnostic kits.
The project is expected to have a positive impact on the environment as well. The new plant will be equipped with pollution control measures to minimize its environmental impact. Overall, the Afton Lifescience new API Project is a positive development that is expected to benefit the local community, the Indian economy, and the environment. In addition to the economic and environmental benefits, the Afton Lifescience API Project is also expected to have a number of social benefits. The project will create jobs for people from the local community, and it will also provide training and development opportunities for employees. The project is also expected to generate tax revenue for the government, which can be used to fund social programs and infrastructure development.
As of September 2023, The project is now in the stage of construction being started the work on the project will be finished in 2024, 2025 or 2026 It has been decided to hire a local contractor.
News by Rahul Yeligetti
