Panorama Aromatics plans to set up Pharmaceutical Ingredients Project Gujarat

Panorama Aromatics Limited intends to expand its Active Pharmaceutical Ingredients (API) project in Panoli, Gujarat. The expansion is expected to be completed in 2024, with a monthly production capacity of 340.1 Tns. The company will produce a variety of APIs such as paracetamol, ibuprofen, and naproxen. Panorama Aromatics wants to expand its production capacity in order to fulfill the growing demand for APIs. In addition, the company is establishing a new API manufacturing facility in Dahej, Gujarat. 

The project's budget is 5 crores. Panorama Aromatics will become a market leader in the API market as the API project at Panoli expands. Over 200 individuals will be employed as a result of this project. Here are some of the key details of the expansion project: Location: Panoli, Bharuch, Gujarat Production capacity: 340.1 Tns per month Products: Paracetamol, ibuprofen, and naproxen Employment generation: Over 200 people Completion: 2024 The expansion project is a welcome addition to the pharmaceutical industry in Gujarat.

 It is expected to help the state achieve its goal of becoming a leading hub for the manufacture of APIs. Here are some of the benefits of the project: It will create employment opportunities for over 200 people. It will boost the economy of the region and contribute to its overall development. It will help the state achieve its goal of becoming a leading hub for the manufacture of APIs. It will help to reduce the country's dependence on imports of APIs. It will help to improve the quality of life of the people in the region.

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