Chandigarh, February 16: To give more impetus to medicalindustry in state, Punjab Government will set up three pharma/ medical parks inthe state soon, proposals for two of which have already been submitted to GoI.
Disclosing this today, Industries Minister Sunder Sham Arorasaid that a Bulk Drug Pharma park in an area of 1300 acre involving projectcost of about 1800 crore has been proposed at Bathinda under the scheme of GoIand project has been submitted to Government of India for approval in October.
Besides, a Medical Devices Park in an area of 210 acreinvolving project cost of about 180 Crore has been proposed at Rajpura underthe scheme of GoI and proposal was submitted to Government of India forapproval in October, the Cabinet Minister said.
Third project, a green field project with the aim to give animpetus to emerging need of Pharma sector in region will be set up in an areaof 130.32 acres in village Wazirabad, Fatehgarh Sahib.
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The project will cater the growing demand of wide variety ofAPIs, Formulations cropped up during the COVID-19 Pandemic Gram Panchayat Landof 130.32 acres has been procured and physical possession has also been takenover, Arora added.
The Wazirabad Pharma Park is in the advanced stage ofdevelopment by PSIEC with layout being finalized and the proposal for fundingalready submitted under TIE scheme of MoCI, GoI.