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Uttar Pradesh to set up four medical devices parks

Lalitpur chosen as the proposed location for the parks

by Antara Adhikari
October 5, 2020
in News, Health, HealthTech, Investment, NewsMakers
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  • Proposed medical devices park in Uttar Pradesh.
  • Lalitpur is the proposed location for the drug parks.
  • The centre would scrutinize states’ proposals and designate marks on pre-determined parameters.

THD NewsDesk, Lucknow: The state government has decided to participate in a central government scheme to set up three bulk drug parks and four medical devices parks in Uttar Pradesh. This initiative has come as a part manufacturing of products that have been exported from China so far.

Lalitpur is the proposed location for the drug parks located under the Yamuna Industrial Development Authority (YEIDA) for the devices parks.

Additional Chief Secretary (infrastructure and industrial development) Alok Kumar said, “The country is heavily dependent on China for medical equipment. Currently, we do not have enough capacity for bulk manufacturing of drugs. Given Covid-19 pandemic, India, especially Uttar Pradesh, is trying to attract companies that are shifting base from China. The country is also trying to start manufacturing products that have so far been imported from China.”

The centre would scrutinize states’ proposals and designate marks on pre-determined parameters like subsidy offered by the government, municipal facilities, power, etc.

“The last date for submission of projects is October 15. Our proposals are being finalized, but locations have already been decided. The state will give grant-in-aid of up to Rs 1,000 crore for bulk drugs park and Rs 100 crore for medical device park,” Mr Kumar said.

“The government will also offer a special incentive package to companies which will set up units in these parks. The details will be revealed at a later stage,” Kumar added.

UP’s proposal will incorporate aspects of the location of proposed land (approximately 2,000 acres for drug park and around 350 acres for medical devices park), rate of water and power, and subsidies being offered.

In July, the government had passed bills to the Pharmaceutical Policy, 2018, according to which the food safety and drug administration department had been made the nodal authority.

Meantime, the UP Drugs Manufacturers’ Association is also contending for a pharma park in Lucknow, saying that the state capital has a vast bulk market for drugs. As per its estimates, Lucknow has a 17% cut in the state’s annual expenditure of medicines worth Rs 40,000 crore.

 

Source: Times of India 
Antara Adhikari

Antara Adhikari

Antara is a women's rights activist and a Master of Social Work student at the Tata Institute of Social Sciences, Mumbai. She has always been intrigued by society's socio-cultural and economic intersections and its bearing on people's lives. To advocate for the excluded and bring forth the million feeble voices through her writing remains at the centre of her heart. Along with being an avid music enthusiast, she relishes reading and writing poetry.

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