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Vijay C Roy
Tribune News Service
Chandigarh, June 26
CENTRE TO GIVE Rs 1,000 CRORE PER PARK
The northern region is set to compete with the southern and western region to set up bulk drug parks. The Centre is likely to announce the setting up of three such parks next month to promote local manufacturing of active pharmaceutical ingredients (APIs) and reduce dependence on China.
Under the scheme, the Central government will give a grant to states with a maximum limit of Rs 1,000 crore.
Punjab, Haryana and Himachal Pradesh have come forward with their proposals and would compete with Andhra Pradesh, Telangana, Gujarat, Tamil Nadu and Maharashtra.
These parks are part of measures to boost domestic manufacturing of critical key starting materials (KSMs), drug intermediates and APIs in the country.
Punjab plans to set up the park at Fatehgarh Sahib. It is also in the process of sending a proposal for Bathinda as land is vacant there after the shutdown of thermal plant. Haryana plans it in Panipat where it has 900 acres in its possession.
Himachal is eyeing such park at Nalagarh. The state has 1,700 acres in its possession for the project.
Rajesh Gupta, president, Himachal Drug Manufacturers Association, said, “Besides Nalagarh, the state is looking for land near Rupnagar district.”
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