The proposal was made by Union Minister for Chemicals and Fertilisers Ananth Kumar at an event here and quickly accepted by Gujarat Chief Minister Vijay Rupani.
In his inaugural address at "Pharmac India-2016", an exhibition of pharmaceutical industry, Kumar requested the Gujarat CM to accept his ministry's proposal to set up a medical device park, a pharmaceutical formulations park and a bulk drug manufacturing park.
"The Centre is ready to give all kind of support to Gujarat if they are ready to start these parks in the state. Each park would require at least 200 acres of land. Central government is ready provide several facilities for these parks, such as effluent treatment plant and roads," the Union Minister said.
While talking to reporters after the event, Rupani said his government would start the work for identifying and acquiring the land for these parks at the earliest.
"The state government is very positive about these parks and we will do our best to see that these parks come up at the earliest. These parks are having a huge potential to provide employment opportunity to local youths and make Gujarat a global pharma hub," said Rupani.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
