TS Govt speeds up Pharma City plan

Hyderabad, June 10: The much awaited Pharma City planned to be set up in parts of Ranga Reddy and adjoining Mahabubnagar district, is taking shape with the government of Telangana issuing an order on Friday. Industries and Commerce department of the state today issued a GO stating that the TSIIC can go ahead with the works of the Pharma City. As per the order, TSIIC will act as nodal agency and can send a detailed project report to the state government on modalities for implementation and execution of the project. It may be said here that the Centre has already accorded in principle approval for setting up of National Investment Manufacturing Zone (NIMZ) for the proposed Pharma City which in turn implies strategic and infrastructure support from the Centre. The State Government has constituted a special task force committee to advise and monitor speedy implementation of the project by involving all stakeholders. The nodal agency will procure all sorts of clearances including environment and others besides getting timely funding from centre, funding agencies and related works. Being bulk capital in the country, Telangana occupies almost third largest producer of bulk ***** and formulations at national level and wants to complete the project on a war footing. For this the government now plans to allot 12,500 acres of land against the previous plan of giving 11000 acres of land, in the two districts abutting the International Airport. The TSIIC can also engage a full time consultant or agency for continuing the works at state and Central level and to pursue the project till it becomes operational. Since the Centre has already given its nod for the Pharma City in the state, the government is going ahead with its plan to come up with a state of the art pharma park to accommodate all the pharma companies, manufacturing companies, biotech and life sciences companies along with related activities. The proposed park will have components and other related activities at Pharma city including antibiotics, fermentation products, synthetic *****, large volume chemical synthesis, intermediaries, vitamins, vaccines, drug formulations, nutraceuticals, herbal medicinal products, specialty chemicals, cosmetics among others. In the order the government said that efforts will be made to establish research and development incubation center, central testing facilities for clinical trials, testing and certification, contract research and custom synthesis.