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Vizag Pharma City nears completion

VDS Rama Raju  |  Chennai/ Visakhapatnam 

The infrastructure at the Jawaharlal Nehru Pharma City, country's first pharma industrial estate, which is being developed by the Ramky group near Visakhapatnam, is almost ready.
Three pharma companies "" Glochem industries, Actumum Chemicals and Vijayasri Chemicals "" have already started production.
"More than 90 per cent of the work is complete and the entire infrastructure work is expected to be over by the end of this year," Asit Kumar, general manager (projects), Ramky Pharma City (India) Limited, told Business Standard.
The group is investing about Rs 300 crore in creating the infrastructure, which includes a common effluent treatment plant and laying of about 100 km long underground pipelines for water supply and disposal of liquid waste generated by pharma units into the sea. Laying of roads and construction of drainage too have been completed along with the installation of power lines
The government has allotted about 2,400 acres at the Parawada industrial area near Visakhapatnam to the Ramky group to develop the pharma city. Of this, 600 acres is being developed as a special economic zone while 1,300 acres will be the non-SEZ area.
About 50 other companies, including some foreign companies, will set up their units here.

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First Published: Tue, October 23 2007. 00:00 IST