Sadhana Nitro Chem launches new para amino phenol plant amid pharma sector boost
On March 2, 2024, Dr. Mansukh Mandaviya, Union Minister for Chemicals & Fertilizers and Health & Family Welfare, virtually inaugurated Sadhana Nitro Chem Ltd.’s state-of-the-art Para Amino Phenol (pAP) bulk drug plant. This significant development is part of a broader initiative that includes the launch of 26 greenfield bulk drug park projects and 13 new manufacturing plants for medical devices, aimed at bolstering India’s position in the global pharmaceutical and medical devices sectors.
The inauguration of these facilities under the Production Linked Incentive (PLI) scheme marks a pivotal moment for India’s pharmaceutical industry, which is currently the 3rd largest globally by volume and valued at approximately $50 billion for the fiscal year 2022-23. The industry is projected to reach around $130 billion by 2030, emphasizing its critical role as the “pharmacy of the world” and its substantial contribution to universal healthcare access.
Dr. Mandaviya highlighted the strategic importance of reducing dependency on imports for essential drugs and medical devices, a lesson underscored by the supply chain vulnerabilities exposed during the COVID-19 pandemic. The PLI scheme, born from extensive governmental deliberations, aims to address these challenges by encouraging domestic production and making India a significant exporter of these critical healthcare products.
Mr. Abhishek Javeri, Managing Director of Sadhana Nitro Chem Ltd., expressed his company’s pride in contributing to this national effort. The pAP plant, distinguished as only the second of its kind globally to manufacture pAP from Nitrobenzene, symbolizes a leap towards sustainable manufacturing practices within the pharmaceutical sector. By increasing the domestic production of pAP, a key component in essential drugs like Paracetamol, Sadhana Nitro Chem Ltd. is poised to strengthen India’s pharmaceutical ecosystem and improve global access to quality healthcare.
This initiative not only signifies a move towards self-reliance in pharmaceutical manufacturing but also showcases India’s commitment to environmental sustainability in industrial processes. The support from the government and regulatory bodies underscores a collective endeavor to enhance healthcare outcomes domestically and internationally.
As India continues to emerge as a leading exporter of pharmaceutical products and formulations, thanks to initiatives like the PLI scheme, the global healthcare landscape stands to benefit significantly. The concerted efforts of companies like Sadhana Nitro Chem Ltd. and supportive government policies are key to ensuring that India remains at the forefront of providing affordable and accessible healthcare solutions worldwide.
The inauguration of Sadhana Nitro Chem Ltd.’s new Para Amino Phenol plant under the Production Linked Incentive scheme is a testament to India’s robust strategy to enhance its pharmaceutical and healthcare sectors. By fostering indigenous manufacturing capabilities and reducing dependency on imports, this initiative not only supports the country’s economic growth but also contributes significantly to global healthcare resilience. The focus on environmentally-friendly manufacturing processes further aligns with global sustainability goals, marking a new era in pharmaceutical production that promises greater healthcare access and improved outcomes for millions worldwide.