CM Yogi Govt to develop central, western UP as BPharma, Medical Device Parks
"Soon the construction work of Medical Device Park will start here. Apart from this, Pharma Park will be constructed in Ghaziabad, Lucknow, Kanpur Nagar, Gorakhpur and Hapur," the statement said.
Advertisement
Lucknow: The Uttar Pradesh government will develop central and western Uttar Pradesh as BPharma and Medical Device Park. For this, the government will give a subsidy on interest to the company on the purchase of Pharma Parkland.
According to an official statement, the company can also be given an exemption on stamp duty along with a 15 percent subsidy on the total cost.
"Medical devices and medicines made in UP will be supplied to Germany, France, South Asia, and USA," the statement said.
CM Yogi said in a high-level meeting that at present there is a lot of opportunity in the medical industry as it is a high-tech and demanding industry.
"On the other hand, in the entire country, a maximum number of children complete the education about 74,000 pharma graduates in UP annually. In such a situation, UP can be easily developed as a medical hub. Some cities of central and western UP are more suitable for this. The city is located near the expressway," the Chief Minister said.
"At present, the UP Growth State Value Addition (GSVN) in the field of medical is less than one billion dollars, it needs to be increased to 2 to 3 billion dollars. To increase this, Gautam Budh Nagar has been selected to develop the Medical Device Park," he added.
The Chief Minister said that land has been identified near Jewar Airport in Gautam Buddha Nagar for the purpose.
"Soon the construction work of Medical Device Park will start here. Apart from this, Pharma Park will be constructed in Ghaziabad, Lucknow, Kanpur Nagar, Gorakhpur and Hapur," the statement said.
It added that the Yogi government will give interest subsidy of up to 50 percent on the purchase of land to the giants of the medical industry for setting up Pharma Parks in UP and up to 60 percent interest subsidy on the construction of basic facilities along with common facilities inside the Pharma Parks.
"Medical devices and medicines made in UP will be supplied to the USA, France, Germany, and South Asia. Medical equipment includes lab equipment, needles, sutures, dental kits, etc., while equipment includes parts of X-ray machines, etc," the statement said.
Our comments section is governed by our Comments Policy . By posting comments at Medical Dialogues you automatically agree with our Comments Policy , Terms And Conditions and Privacy Policy .
Disclaimer: This website is primarily for healthcare professionals. The content here does not replace medical advice and should not be used as medical, diagnostic, endorsement, treatment, or prescription advice. Medical science evolves rapidly, and we strive to keep our information current. If you find any discrepancies, please contact us at corrections@medicaldialogues.in. Read our Correction Policy here. Nothing here should be used as a substitute for medical advice, diagnosis, or treatment. We do not endorse any healthcare advice that contradicts a physician's guidance. Use of this site is subject to our Terms of Use, Privacy Policy, and Advertisement Policy. For more details, read our Full Disclaimer here.
NOTE: Join us in combating medical misinformation. If you encounter a questionable health, medical, or medical education claim, email us at factcheck@medicaldialogues.in for evaluation.