Current Date: 22 Nov, 2024

Umika Multichem plans to set up Bulk Drugs & Intermediates Manufacturing Unit Project in Gujarat

Umika Multichem wants to start a new bulk drug intermediates (BDI) project in Indrad, Mahesana, Gujarat. The project is still in the planning stage, and the company has not yet asked for environmental clearance. The BDI project that is being planned will be able to make 86.3 Tns per month. The cost of the project is 5 Crores. 

The company will make BDIs for drugs like antibiotics, drugs that fight cancer, and drugs that help people with diabetes. About 100 people will get jobs directly from the project, and another 200 will get jobs indirectly from it. The project should help the region's economy grow and help meet the country's rising demand for BDIs.

 Here are some key details of the BDI project: Project name: Umika Multichem BDI Project Location: Indrad, Mahesana, Gujarat Production capacity: 86.3 Tns per month Project cost: Not yet disclosed Land area: Not yet disclosed Start of construction: Not yet known Completion of construction: Not yet known Direct employment: 100 people Indirect employment: 200 peopleThe BDI project is a major investment in the pharmaceutical sector in Gujarat. It is expected to boost the economy of the region and help to meet the growing demand for BDIs in the country.

As of September 2023, The project is now in the stage of receiving approvals & has obtained all necessary government permissions work of the project is anticipated to occur in either 2023 or 2024.

news by Rahul Yeligetti

Source : Projxnews