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Torrent Pharmaceuticals, has received approval from the centre for its plan to set up a bulk drug manufacturing unit in Gujarat with an investment of Rs.300 crore.
The Union Environment Ministry has issued the environment clearance certificate to the proposed project, stating that the approval has been given with certain riders.
The proposed project will have a production capacity of 21,415 tonnes per annum. It is expected that the project will provide employment to 100 persons and cost around Rs.300 crore.
Further, the company has been notified by the ministry to take necessary permissions from the state pollution control board, ensure zero liquid discharge and take waste minimization measures.
