Centre to approve six pharma parks soon

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The Centre will approve six pharma parks with an estimated investment of Rs 180 crore in the current financial year to promote pharmaceuticals manufacturing.

Of the six parks, three will be greenfield, and the remaining three will be brownfield, Fertiliser and Chemicals Minister Ananth Kumar said here after inaugurating the launch of the pharma cluster development programme.

“This year the six pharma parks will be allocated on pilot basis and in the next year my ministry will seek Rs 1,000 crore from the Finance Ministry for setting up of more parks across the country,” he added.

At present there are 14 parks  functioning in different parts of the country.

The Minister also mentioned that there will be sufficient infrastructure and facilities in these parks for testing and treatment of drugs, and also for imparting training to industry professionals.

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