12,500-acre Pharma City to come up near Hyderabad

Source: PTI

The Telangana government today ordered setting up of a ‘Pharma City’ on 12,500 acres of land in Rangareddy and Mahbubnagar districts.

Telangana State Industrial Infrastructure Corporation (TSIIC) will send a detailed project proposal (DPR) to the government on modalities for implementation and execution of project and will 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.

“As Telangana has traditionally been the bulk drugs capital of the country with almost one-third of the total production in value terms, the 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 destination for pharmaceuticals manufacturing companies, biotech and life sciences companies along with all related activities, it said.

The proposed park will 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 & Development incubation centre, central testing facilities facilitating clinical trials, testing and certification, contract research and custom synthesis,” the order further said.

The actual location and exact extent of land will be firmed up based on the availability of government land and private land, it added.