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'Pharma city' planned near Vizag
By Our Special Correspondent
HYDERABAD, SEPT. 28. A `pharma city' aimed at providing world
class infrastructure for bulk drugs and chemical units on a 1900-
acre site at Parawada village near Visakhapatnam has been
approved in principle by the Chief Minister, Mr. N. Chandrababu
Naidu.
The APIIC will be the nodal agency for the `pharma city' for
which the land has been already identified in order to take
advantage of the strengths of the Vizag port and the nearby
Special Economic Zone (SEZ). Once established, in collaboration
with a joint venture partner, it will be the only estate of its
kind in the world having waste treatment facilities and provision
for quality control and customs clearance.
Another initiative proposed by the Government is to set up an
Indian Institute of Life Sciences (IILS), a centre of excellence
on the lines of the Indian School of Business (ISB), at Manikonda
village near Hyderabad, jointly with the industry and research
institutions. A nine-member committee headed by Dr. Anji Reddy,
Chairman of Dr. Reddy Labs, has been formed to establish this
institute which will provide training and facilitate research in
pharma processes.
This was stated at the first meeting today of the Chief
Minister's Task Force constituted some time ago to formulate
policies and devise strategies for AP to forge ahead in the
pharma sector. Mr. Naidu, who presided, declared that he wanted
Hyderabad to become the `drug discovery capital' of India by
2010.
Andhra Pradesh, he said, registered production of Rs. 6,500
crores last year constituting 28 per cent of the Indian
pharmaceutical market of Rs. 23,500 crores. The production had
gone up to Rs. 7,575 crores during the year 2000-01 and there was
immense scope for increasing the output. However, he expressed
concern over 17 per cent negative growth in the chemicals and
chemical products.
Assuring the industry of unstinted support from the Government,
he said that Hyderabad, in particular, and Andhra Pradesh, in
general, were attractive investment destination for bulk drugs
and industry with premier research institutions and good
hospitals. The Government was promoting bio-technology,
encouraging the study of sciences and the private sector to
establish medical colleges in every district.
He accepted the suggestions of Task Force members to constitute a
Cabinet sub-committee on pharma industry and to appoint a nodal
officer in the Industries Department. He advised the Task Force
to integrate into its Action Plan the promotion of medicinal
plants, an area often neglected.
Mr. Anji Reddy said the country should gear itself to the new
patent regime coming into force by 2005. Drug multinationals were
at present allergic to India because of the scant respect for
patents. This situation should change.
Mr. Venkat Jasti, Managing Director, Suven Pharma, in his
presentation, said the State Government should do more for
treatment of effluents released by pharma units. Without
environment control system, it would be difficult to attract FDI
into the State.
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