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Govt prescribes Pharma City
State government on Friday ordered setting up of a \'Pharma City\' on 12,500 acres of land in Rangareddy and Mahbubnagar districts of the State.
State government has ordered setting up of first-of-its-kind project on 12,500 acres of land in Rangareddy and Mahbubnagar districts
Hyderabad: State government on Friday ordered setting up of a 'Pharma City' on 12,500 acres of land in Rangareddy and Mahbubnagar districts of the State.
Telangana State Industrial Infrastructure Corporation (TSIIC) shall send detailed project proposal (DPR) to the government on modalities for implementation and execution of project and also carry out all aspects related to the development of this park in a transparent manner duly following all relevant rules, a government order said.
Principal Secretary to Industries Arvind Kumar said in the order the state-of-the-art pharmaceutical city would be a one- stop shop for pharmaceuticals manufacturing companies, biotech and life sciences companies along with all related activities.
"As Telangana has traditionally been the bulk drugs capital of the country with almost 1/3 of the total production in value terms, state government intends to keep not only the leader status in the sector but also facilitate setting up of the most modern facilities along with all necessary wherewithal in an integrated manner," it added.
The government has accordingly decided to set up a state-of-the-art pharmaceutical city, a one-stop shop for pharmaceuticals manufacturing companies, biotech and life sciences companies along with all related activities, it said. The proposed park would have components and other related activities with regard to antibiotics, fermentation products, synthetic drugs, large volume chemical synthesis, intermediaries, vitamins, vaccines, drug formulations, nutraceuticals, herbal medicinal products, specialty chemicals, cosmetics among others.
"Efforts will also be made to establish Research and Development incubation centre, central testing facilities facilitating clinical trials, testing and certification, contract research and custom synthesis," it order further said. The actual location and exact extent of land would be firmed up based on the availability of government land and private land, it added.
