Rapid Intermediates' Active Pharma Ingredients Manufacturing Unit Project in Panoli, Bharuch, Gujarat, shows its regional investment. This enlargement, which cost 3.88 Crores and covered 1500 Sq.m., advances the local pharmaceutical industry. A green belt area of 972 Sq.m., 64.8% of the total space, shows a dedication to environmental sustainability, which is laudable in today's industrial scene.
The initiative has benefits beyond financial investment. With 73.55 KLD of water, 100 KVA of electricity (to be met by GEB), and a 62.5 KVA stand-by DG Set operating on diesel at 40 lit/Hour, the project emphasizes resource management. Natural gas or briquette/agro waste for Boiler and Thermic Fluid Heater fuel shows an eco-friendly approach.
Additionally, the Active Pharma Ingredients Manufacturing Unit Project is planned to provide 40 full-time jobs, boosting local economic growth. New employment enhance the economy of Panoli, Bharuch, Gujarat and the workforce. This well-rounded initiative emphasizes industrial growth, sustainability, and socio-economic development.
As on December 2023, The project is now in the stage of construction being started. The completion of the project's work has reached the 40% mark. The work on the project will be finished by December of 2024.
News by Rahul Yelligetti