Punjab, Haryana, Himachal in fray for bulk drug park

Punjab, Haryana, Himachal in fray for bulk drug park

Vijay C Roy

Tribune News Service

Chandigarh, June 26

CENTRE TO GIVE Rs 1,000 CRORE PER PARK

  • To reduce dependence on China, the Centre is likely to announce the setting up of three bulk drug parks next month
  • The Central government will give a grant-in-aid of up to Rs1,000 crore to states for establishing such 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.”

Top Stories

Mob attacks Bengaluru MLA's house over relative's FB post; 3 dead in police firing

Mob attacks Bengaluru MLA's house over relative's FB post; 3 dead in police firing

110 rioters arrested, including nephew of the MLA

Natural for MLAs to be upset, need to bear to save democracy: Gehlot

Natural for MLAs to be upset, need to bear to save democracy: Gehlot

MLAs belonging to the CM camp were in hotels for close to a ...

Joe Biden names Indian-American Senator Kamala Harris as running mate

Joe Biden names Indian-American Senator Kamala Harris as running mate

Harris, whose father is an African from Jamaica and mother a...

Major fire breaks out at Panchkula chemical factory

Major fire breaks out at Panchkula chemical factory

At least 10 firefighting vehicles were rushed to the spot to...

Cities

View All