NSJ Prayog Pharma planning to set up Drugs & Chemicals Manufacturing Unit in Karnataka

NSJ Prayog Pharma Private Limited plans a bulk medicine and specialty chemical project in Kadechur, Kalaburagi, Karnataka. Project completion is expected in 2024 with a 50-tonne-per-month capacity. The project costs 26 crores. A bulk medicines and specialized chemicals project in the Kadechur Industrial Area is strategic. The area is well-connected by road, rail, and air to the nation. Several raw material sources and final goods marketplaces are nearby. Kalaburagi's economy will benefit greatly from the project. It should generate over 100 direct and indirect jobs. 

The project will manufacture a range of bulk drugs and specialty chemicals, including: APIs for pharmaceuticals Intermediates for pharmaceuticals Dyes and pigments Agrochemicals The project will use the latest technology to ensure the quality and safety of its products.

 It will also be committed to environmental sustainability. Benefits of the project Creation of jobs and economic growth Increased availability of bulk drugs and specialty chemicals Improved quality and safety of products Reduced environmental impact Challenges Competition from other manufacturers Rising cost of raw materials Regulatory compliance

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