Yogi Govt initiates development of Lalitpur Bulk Drug Pharma Park into pharma hub
UP: The Yogi Adityanath government has started plans to provide world-class common infrastructure facilities (CIF) to the Bulk Drug Pharma Park in Lalitpur. The park will be developed over an area of 1,120 acres under the PPP model.
According to a government spokesperson, the Uttar Pradesh State Industrial Development Authority (UPSIDA) has initiated preparations for the development of the park.
In this sequence, UPSIDA has issued a Global Expression of Interest (EOI) for the development of the park. This strategic move aims to establish the park as a hub for manufacturing crucial components like 'Key Starting Materials' (KSM) and 'Active Pharmaceutical Ingredients' (API), pivotal for the pharmaceutical sector's advancement.
According to IANS report, Chief Minister Yogi Adityanath's vision for this project is to develop the area to meet the country's pharma needs. The goal is to produce high-quality, affordable medicines and increase India's self-reliance in bulk drug production. To achieve this, the development of the Bulk Drug Park in Lalitpur is being promoted.
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