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Soon Bulk Drug Park in Nalagarh

To pave the way for major investment in the pharmaceutical sector, the Himachal Pradesh government has identified 663.11 bigha lands at Aduwal village in the Nalagarh industrial area for setting up the centrally sponsored bulk drug park.
Industries Department officials informed that out of this land, the government land measuring 144.09 bighas falls under a specific pool and matter for exchanging this land into the allotable pool has been taken up with the Deputy Commissioner.
After Andhra Pradesh and Ahmadabad, the Nalagarh Park will be the third such park to be set up in the Country .last year in the month of April Union Minister of Chemicals and Fertilizers had announced setting up of a park during his visit to Baddi.
With few new industries investing in the state after the lapse of the Central industrial package, the investors were keenly awaiting setting up of this park where Central financial assistance will be the major catch for the investors.
The Central government has been promoting the bulk drug industries as they produce active pharmaceutical ingredients (APIs) which are raw materials of the pharmaceutical industry. Earlier the country was dependent on China for such products and such industries will reduce the country’s dependence on China, said Arun Rawat, former CII chairman and a pharmaceutical manufacturer at Baddi.
The state exports drugs worth Rs 9,500 crores while its total contribution in the drug trade is to the tune of Rs 1, 30,000 crore and every third drug in the domestic market is manufactured in Himachal.
Already in the process of facilitating these industries and it had accorded principal approval to two such units — Lupin Pharma and Torrent Pharma — to set up bulk drug units.

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