Current Date: 22 Nov, 2024

Alcedo Pharmachem intends to Expand APIs Project in Andhra Pradesh

Alcedo Pharmachem Private Limited is expanding its existing APIs manufacturing unit at Sy.Nos. 1212(P), 1213(P), 1214(P), 1215(P), APIIC Mega Industrial Park Kopparthi, Ambavaram Village, Vallur Mandal, Kadapa District, Andhra Pradesh. The expansion aims to increase the production capacity of APIs, which are essential components used in the pharmaceutical industry. The project will involve the construction of additional facilities and the installation of new machinery and equipment.

Alcedo Pharmachem Private Limited is the developer of the project, which is of the nature of expansion of an API production plant. The project is located in the Kadapa District of Andhra Pradesh. With a total expenditure of 25 Crores, Take a look Strengthen the capacity for the manufacturing of API, Objectives In order to satisfy the expanding demand, expand market reach.

As on November 2023,The project is now in the stage of receiving approvals. The project has received all necessary clearances. By the end of the year 2023, development on the project will have begun. 

News by Rahul Yelligetti

Source : Projxnews