SRX Laboratories is planning to set up an active pharmaceutical ingredients (API) manufacturing unit in Medak district of Telangana.
The unit will have a capacity of 871.8 tpa. In June 2022, SRX Laboratories has received environment clearance from the State Environment Impact Assessment Authority (SEIAA), Telangana for the project.
As per the update shared with Projects Today, financial closure is underway for the project.
Work on the project is expected to commence by August 2023.