THINQ Pharma-CRO intends to set up an active pharmaceutical ingredient (API) production unit in Industrial Estate-3, Bagdoon, in Madhya Pradesh's Dhar district.
The new project, with a capacity of 195 tpa, will occupy 5.38 acre of land.
According to information shared with Projects Today, THINQ Pharma-CRO was seeking environmental and other project clearances.
Work on the project was set to begin in March 2023. While the financial closure in on the way, the contractor is yet to be finalised.