Current Date: 23 Nov, 2024

Niyam Healthcare: Rs 16 Crore API Unit in Gujarat

Niyam Healthcare has announced a ₹16 crore investment in a new project focused on the production of active pharmaceutical ingredients (APIs) in Dahej. The upcoming facility will have a production capacity of 150 tonnes, marking a significant expansion in the company's API manufacturing capabilities.

This new project aims to enhance Niyam Healthcare's ability to meet growing pharmaceutical demands and support the development of high-quality medicines. The Dahej facility will be equipped with advanced technology to ensure efficient and compliant production processes, adhering to global quality standards.

The investment reflects Niyam Healthcare's strategic commitment to strengthening its position in the pharmaceutical industry and expanding its product offerings. The addition of this new facility is expected to boost the company's production capacity and contribute to the supply of essential APIs in the market.

Construction and setup of the new API plant are set to commence soon, with the facility anticipated to become operational within the projected timeline. This development will not only enhance Niyam Healthcare’s manufacturing footprint but also support the broader healthcare industry with high-quality pharmaceutical ingredients.

Niyam Healthcare’s investment underscores its ongoing efforts to drive growth in the pharmaceutical sector and meet the increasing global demand for active pharmaceutical ingredients.

News by Rahul Yelligetti

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Source : Projxnews