Monday, 13 June 2016

Telangana to set up Pharma City near Hyderabad

Telangana government today ordered setting up of a 'Pharma City' on 12,500 acres of land in Rangareddy and Mahbubnagar districts of the state.


"As Telangana has traditionally been the bulk drugs capital of the country with almost 1/3 of the total production in value terms, 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 where withal in an integrated manner," it added.

The government has accordingly decided to set up a state ­of ­the ­art pharmaceutical city, a one stop shop for pharmaceuticals manufacturing companies, biotech and life sciences companies along with all related activities, it said.

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