Padmashri Chemicals Industries has acquired land for setting up bulk drugs and intermediates manufacturing unit with a capacity of 50 tpm at Kadechur Industrial Area, Yadgir, in Kalaburagi district of Karnataka.

The proposed unit's land area measures over two acres of land parcel. Moreover, the project expects to generate employment opportunities for about 81 individuals.

The state-level single window clearance & Monitoring Authority (SLSWC&MA) approved the project in January 2023.

As per the updates available with Projects Today, Padmashri Chemicals Industries expects to commence work on the project in Q2/FY24with completion scheduled for August 2024.

The company is yet to finalise the architect and machinery supplier for the project.