Vipsons Chemical Industries Plan to Expand Bulk Drugs Intermediates Gujarat

Vipsons Chemical Industries is coming up with an expansion project for its Bulk Drugs Intermediates Manufacturing Unit at Sokhada, Anand, Gujarat. The project is expected to cost 615 crores and will increase the unit's production capacity to 130 MT/Month (metric tonnes per month) of bulk drugs intermediates. The project is expected to be completed by 2024.

The expansion project is a significant step in Vipsons Chemical Industries' ongoing efforts to expand its global manufacturing footprint. The company is currently a leading manufacturer of bulk drugs intermediates in India, and this project will further strengthen its position in the market.

Opportunities for gainful work have increased.  Revenue from increased taxes  Infrastructure improvements leading to increased economic activity. Cleaner air with less pollutants  Reduced levels of pollutants in water a decrease in emissions of greenhouse gases.

As on November 2023, The project is now in the stage of receiving approvals. The project has received all necessary clearances. By the end of the year 2023, development on the project will have begun. 

News by Rahul Yelligetti