UP to open 6 pharma gets Rs 5,000-6,000 cr commitment
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UP to open 6 pharma gets Rs 5,000-6,000 cr commitment

The Uttar Pradesh government is planning to open six pharma parks across the state and has received an investment commitment of about Rs 5,000-6,000 crore from domestic and multinational pharma companies, a senior minister said Thursday. The government is in talks with several multinational companies like Mylan, GE, Pfizer and Sanofi along with domestic players for setting up pharma units in the state, Uttar Pradesh health minister Sidharth Nath Singh said. Uttar Pradesh is already a major centre having 30 per cent of manufacturing and exports of pharmaceuticals in the country. We had announced new pharma policy three months back and have already received an investment commitment of about Rs 5,000-6,000 crore, of which we hope that several will materialise soon, Singh told PTI here. Speaking on the sidelines of the Organisation of Pharmaceutical Producers of India (OPPI) annual celebration event, Singh said, the government is setting up six pharma parks in Noida, ...

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