Latest Project Updates
Rs.5900 Million Pharma Mfg. Unit in Lucknow, Uttar Pradesh
Executive Summary: A pharmaceutical manufacturing and R&D hub is proposed in the Lucknow–Raebareli region of Uttar Pradesh. The project aims to establish integrated production and research facilities with an estimated investment of ₹5,900 million. As of February 2026, a memorandum of understanding has been signed with the state government, and the project is currently in the pre-execution stage, awaiting statutory and regulatory clearances.
New Formaldehyde Mfg. Project in Hoshiarpur, Punjab
Executive Summary: A new formaldehyde and synthetic resin manufacturing unit is proposed at Focal Point, Phagwara Road, Hoshiarpur, Punjab. The project includes production capacities of 50 TPD formaldehyde and 100 TPD synthetic resins, with an estimated investment of ₹48.5 million. Construction is planned from February 2026 to June 2026, and the proposal has been submitted to the State Environment Impact Assessment Authority for environmental clearance.
Rs.500 Million API And API Intermediate Products Mfg. Expansion Project in Palghar, Maharashtra
Executive Summary: A pharmaceutical company plans an expansion project for manufacturing APIs and intermediates in Maharashtra, increasing capacity from 14,688 TPA to 45,641.52 TPA. The project, costing ₹500 million, will start construction in November 2025 and conclude by June 2026. As of February 2026, the proposal has been submitted to the State Level Environment Impact Assessment Authority for clearance.
New Pharma Intermediates Mfg. Unit in Pune, Maharashtra
Executive Summary: A chemical company plans a new pharma intermediates and synthetic organic hormone chemicals manufacturing unit in Pune, Maharashtra, with a capacity of 1,215 TPA. The project, costing ₹60 million, is scheduled for construction from July 2026 to June 2027. As of February 2026, the proposal has been submitted to the State Level Environment Impact Assessment Authority for environmental clearance.
New Synthetic Organic Chemicals Mfg. Unit in Bharuch, Gujarat
Executive Summary: A chemical company plans a new synthetic organic chemicals manufacturing unit in Gujarat with a capacity of 91 MT per month. The project, estimated at ₹50 million, will have construction from April to December 2026. As of February 2026, the proposal has been submitted to the State Level Environment Impact Assessment Authority for environmental clearance.
New Epoxy Resin Plant in Nagaur, Rajasthan
Executive Summary: A chemical company plans a new epoxy resin plant in Rajasthan with a capacity of 900 MT per annum. The project, estimated at ₹68.9 million, is scheduled for construction from June 2026 to January 2027. As of February 2026, the proposal has been submitted to the State Level Environment Impact Assessment Authority for environmental clearance.
Rs.5150 Million New Iodised Vacuum Salt Dried Facility in Ramanathapuram, Tamil Nadu
Executive Summary: A chemical company plans to set up a new iodised vacuum salt dried facility in Ramanathapuram, Tamil Nadu, with a production capacity of 210 KTPA. The ₹5,150 million project, approved by the board as of January 2026, is in the pre-construction phase and is expected to be completed within 36 months, financed through a mix of internal accruals and external funding.
Rs.12000 Million New E-Methanol Manufacturing Project in Gujarat
Executive Summary: The proposed project entails establishment of an e-methanol production facility using green hydrogen and captured carbon dioxide as feedstock. The plant is planned with a capacity of about 150 tonnes per day and will cater primarily to the marine fuel and industrial chemical markets. The estimated investment is around Rs 12,000 million and the project is proposed to be developed within the Kandla Port area in Gujarat. The project is at the MoU stage and is expected to generate significant direct and indirect employment upon implementation.
Rs.1350 Million New Active Pharma Ingredients Mfg. Unit in Tirunelveli, Tamil Nadu
Executive Summary: A pharmaceutical firm plans to establish a new Active Pharmaceutical Ingredients manufacturing unit at Gangaikondan, Tirunelveli, Tamil Nadu. The facility will produce bulk drugs and intermediates with a capacity of 8,760 TPA. The project cost is Rs. 1,350 million. Construction is scheduled from May 2026 to February 2028, with environmental clearance under review by the state authority as of February.
New Water Based Acrylic Adhesives Mfg. Project in Surat, Gujarat
Executive Summary: A manufacturer plans to set up a new water-based acrylic adhesives production facility at Talangpor, Gabheni, Sachin, Surat district, Gujarat. The unit will have a capacity of 6,000 TPA with an estimated investment of Rs. 51.5 million. Construction is scheduled from March to April 2026. As of February 2026, the project is under review for environmental clearance by the state authority.