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Booster dose for bulk drug production, government invites EoI from companies

The project aims to set up common facilities for companies and upgrade any existing one

Veena Mani  |  New Delhi 

Medicine


The department of pharmaceuticals has invited an Expression of Interest (EoI) from companies to set up clusters largely for producing bulk drugs. This is the fourth such phase; the earlier ones weren't a hit with the pharma industry. The cluster scheme is a public-private partnership (PPP) project, where the government will fund up to 70 per cent of the project cost or up to Rs 20 crore to set up a cluster. The project aims to set up common facilities for companies and upgrade any existing one.

The EoI invitation says the prime motive for the latest scheme is to “boost their competitiveness and capability in the global market”. According to the scheme, 10 or more pharma companies have to come together to form one cluster.  

In the ongoing five-year plan (2012-17), an amount of Rs 125 crore was allocated for this cluster development scheme. The effort is part of the aim to bring down India’s dependence on for bulk drugs. The country imports 65 per cent of this requirement from there, Rs 13,853 crore in 2015-16.  

There is a similar programme by the government, with the aim of boosting pharma manufacturing there. Common Effluent Treatment Plants (CETPs) will be established in a model in these clusters or industrial parks. Special Economic Zones and other clusters of pharma industries are to be supported with a one-time grant to augment investments on such CETPs. 

The government of Odisha has also shown interest in adopting the cluster approach. The state is in the process of formulating a policy for the pharma sector.

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Booster dose for bulk drug production, government invites EoI from companies

The project aims to set up common facilities for companies and upgrade any existing one

The project aims to set up common facilities for companies and upgrade any existing one
The department of pharmaceuticals has invited an Expression of Interest (EoI) from companies to set up clusters largely for producing bulk drugs. This is the fourth such phase; the earlier ones weren't a hit with the pharma industry. The cluster scheme is a public-private partnership (PPP) project, where the government will fund up to 70 per cent of the project cost or up to Rs 20 crore to set up a cluster. The project aims to set up common facilities for companies and upgrade any existing one.

The EoI invitation says the prime motive for the latest scheme is to “boost their competitiveness and capability in the global market”. According to the scheme, 10 or more pharma companies have to come together to form one cluster.  

In the ongoing five-year plan (2012-17), an amount of Rs 125 crore was allocated for this cluster development scheme. The effort is part of the aim to bring down India’s dependence on for bulk drugs. The country imports 65 per cent of this requirement from there, Rs 13,853 crore in 2015-16.  

There is a similar programme by the government, with the aim of boosting pharma manufacturing there. Common Effluent Treatment Plants (CETPs) will be established in a model in these clusters or industrial parks. Special Economic Zones and other clusters of pharma industries are to be supported with a one-time grant to augment investments on such CETPs. 

The government of Odisha has also shown interest in adopting the cluster approach. The state is in the process of formulating a policy for the pharma sector.
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Business Standard
177 22

Booster dose for bulk drug production, government invites EoI from companies

The project aims to set up common facilities for companies and upgrade any existing one


The department of pharmaceuticals has invited an Expression of Interest (EoI) from companies to set up clusters largely for producing bulk drugs. This is the fourth such phase; the earlier ones weren't a hit with the pharma industry. The cluster scheme is a public-private partnership (PPP) project, where the government will fund up to 70 per cent of the project cost or up to Rs 20 crore to set up a cluster. The project aims to set up common facilities for companies and upgrade any existing one.

The EoI invitation says the prime motive for the latest scheme is to “boost their competitiveness and capability in the global market”. According to the scheme, 10 or more pharma companies have to come together to form one cluster.  

In the ongoing five-year plan (2012-17), an amount of Rs 125 crore was allocated for this cluster development scheme. The effort is part of the aim to bring down India’s dependence on for bulk drugs. The country imports 65 per cent of this requirement from there, Rs 13,853 crore in 2015-16.  

There is a similar programme by the government, with the aim of boosting pharma manufacturing there. Common Effluent Treatment Plants (CETPs) will be established in a model in these clusters or industrial parks. Special Economic Zones and other clusters of pharma industries are to be supported with a one-time grant to augment investments on such CETPs. 

The government of Odisha has also shown interest in adopting the cluster approach. The state is in the process of formulating a policy for the pharma sector.

image
Business Standard
177 22

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