HomeNewsGlobal Pharma

UP Govt Announces to Produce and Export in Pharma Sector Soon

UP Govt Announces to Produce and Export in Pharma Sector Soon

Chief Minister Yogi Adityanath has announced that Uttar Pradesh, which was only a consumer in the pharmaceutical sector earlier, will become a producer and exporter of pharmaceutical products soon.

“The state government has initiated the development of a pharma park over 2000 acres of land in Lalitpur that would generate employment opportunities in this sector on a large scale,” he said while addressing a gathering at Madan Mohan Malviya Technical University (MMMTU), Gorakhpur, after laying the foundation stone of a pharmacy building to be built at a cost of INR 24.69 crore.

Uttar Pradesh government has also started taking significant steps to boost its presence in the pharmaceutical and biotechnology sectors with the construction of a state-of-the-art Meditech Park in Jewar Airport, spanning 350 acres.

This park is set to accommodate more than 100 industries dedicated to medical equipment production.

Simultaneously, the government is planning to develop a massive Pharma Park that covers around 1,472 acres in Lalitpur, with a focus on manufacturing bulk drugs, starting materials, and active pharmaceuticals.

The project is aimed at bolstering India’s self-reliance in the production of medical equipment and reduce dependence on imports.

Another breakthrough initiative is the formulation of plans to build a cutting-edge Biotech Park in Pilibhit. This park is envisioned to cater to the import of fermentation-based goods that will eventually contribute to self-sufficiency in the area.

More news about: global pharma | Published by Manvi | March - 19 - 2024 | 490

Last news about this category


 

 

We use our own and third party cookies to produce statistical information and show you personalized advertising by analyzing your browsing, according to our COOKIES POLICY. If you continue visiting our Site, you accept its use.

More information: Privacy Policy

 pharmaindustrial-india.com - Professional magazine for pharma industry suppliers and lab technology - CEDRO members