"TDB-DST Supports M/s Alchem Synthon Pvt. Ltd., Mumbai, with ₹8.6 Crores loan assistance for Advanced Chemical Manufacturing Facility"
Posted On: 07 MAR 2024 2:18PM by PIB Delhi
In a significant stride towards fortifying indigenous manufacturing capabilities and fostering innovation in the pharmaceutical sector, the Technology Development Board (TDB) has entered into an agreement with M/s Alchem Synthon Pvt. Ltd., Mumbai. The board will provide a loan assistance of ₹8.6 crores out of the total project cost of ₹19.01 crores for the "Development and Commercialization of Advanced Pharmaceutical Intermediates, Fine & Specialty Chemicals."