About 7,000 acre of land on the city’s outskirts
Four sites, each with land parcels of about 5,500-7,000 acre, have been identified at Lakdaram Village, along the Rajiv Rahadari, Medak district, Keesaram, Medak district, Chegunta, Medak district and Mucherla in Ranga Reddy district for the Pharma
Hyderabad: With the Telangana state government identifying about 7,000 acre of land on the city’s outskirts for a Pharma City of international standards, the bulk drug units and pharma companies in the city periphery will be moving out.
Telangana State Industrial Infrastructure Corporation (TSIIC) chief general manager, Vijay A. Deshmukh said, “Four sites, each with land parcels of about 5,500-7,000 acre, have been identified at Lakdaram Village, along the Rajiv Rahadari, Medak district, Keesaram, Medak district, Chegunta, Medak district and Mucherla in Ranga Reddy district for the Pharma City with the coordination of bulk drug and pharma industries. Once they finalize the city, we will develop the essential infrastructure there.”
Earlier, interacting with representatives of the pharma industry, Chief Minister K. Chandrasekhar Rao had announced that the state government was drafting a comprehensive pharma policy. With the Pharma City, the state government is expecting the industry to create 5 lakh jobs.
A higher official of TSIIC said, “The government is drafting a comprehensive pharma policy. The government will provide land, water, power and links to the city with well-connected transport facilities. It will build an environment-friendly industrial sector.”
The government is planning to move all the existing pharma industries to the Outer Ring Road areas of Hyderabad.
( Source : dc correspondent )
Next Story
