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Govt invites domestic pharma firms to set up bulk drug clusters

Govt will fund up to 70% of project cost, subject to a cap of Rs 20 crore to set up a cluster on PPP basis

Veena Mani  |  New Delhi 

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, subject to a ceiling of 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 ...

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Govt invites domestic pharma firms to set up bulk drug clusters

Govt will fund up to 70% of project cost, subject to a cap of Rs 20 crore to set up a cluster on PPP basis

Govt will fund up to 70% of project cost, subject to a cap of Rs 20 crore to set up a cluster on PPP basis 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, subject to a ceiling of 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 ... image
Business Standard
177 22

Govt invites domestic pharma firms to set up bulk drug clusters

Govt will fund up to 70% of project cost, subject to a cap of Rs 20 crore to set up a cluster on PPP basis

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, subject to a ceiling of 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 ...

image
Business Standard
177 22