Torrent Pharmaceuticals has received an approval from government to establish a bulk drug manufacturing unit in Gujarat with an investment of Rs 300 crore. The Union Environment Ministry issued the environment clearance certificate for the proposed project saying that the approval has been given with certain riders. The said project would have a production capacity of 21,415 tonnes per annum and is expected to provide employment to 100 persons.
Torrent Pharmaceuticals is Flagship Company of the Torrent group, a leader in cardiovascular and central nervous system segments. It also has presence in gastro-intestinal, diabetology, anti-infective and pain management segments.
