Wednesday, February 8th, 2023 17:08:26

Before elections, Jai Ram Thakur nets Rs 1200 cr bulk drug park from Modi

By Ashwani Sharma
Updated: August 31, 2022 5:44 pm

Shimla: Double engine seems to be at work for Himachal Pradesh ahead of the state assembly elections.

Six months,after having got sanctions for Rs 810 cr worth medical device park ,Chief Minister Jai Ram Thakur has netted Rs 1200 cr bulk Drug park— one of three proposed by the centre for three states to be chosen on a competitive basis.

The park is proposed to set-up on a 90;10 funding basis .This means Rs 1000 cr will be granted by the centre while the rest Rs 200 cr will be the contribution of the state to develop infrastructure for the park.

Chief Minister Jai Ram Thakur said the park will provide a biggest boost to development and manufacture of pharmaceutical solutions and drugs ,reducing India’s dependency on China.

Himachal Pradesh has availability of sufficient power and water while 1405 acres of land has already been earmarked in Una district –meeting three primary requirements of the centre to sanction the park.

Further the state has Asia’s biggest pharmaceutical hub at Baddi producing 49 percent of the India drug requirements,beside exporting drugs worth Rs 10,000 cr per annum.

The park will give suitability to more than 600 drug manufacturing companies which have a need of raw materials worth Rs 30,000 cr every year.

An expected investment is about Rs.8000-10,000 crore once the park is set-up,said Tilak Raj Sharma ,additional director (industries) who has played a key role in preparation of the plans .

The park,he says,has an employment potential of about 15,000-20,000 persons and Power requirement is about 100-120 MW.

Chief Minister Jai Ram Thakur who had lobbied hard was first to convey his gratitude to Prime Minister Narendra Modi and Government of India for allocation of Bulk Drug Pharma Park to the State. Jai Ram Thakur said ” it was indeed a momentous moment for Himachal to get this project of national importance, as it would ensure retention of pharma formulation units as well as create local employment opportunities for many years in the state”

With Prime Minister Narendra Modi all set to arrive at Bilaspur in Himachal Pradesh to inaugurate AIIMS Bilaspur early next month, the bulk drug park has come as the biggest gift to the state going to the elections.

In 2003, Prime Minister Atal Bihari Vajpayee had also sanctioned a central industrial package for Himachal Pradesh,beside Uttarakhand and Jammu and Kashmir to boost investments in the state at the behest of earlier BJP Chief Minister Prem Kumar Dhumal.But later Dr Manmohan Singh led UPA government had withdrawn the package after protests by some states like Punjab ,Haryana and Tamil Nadu.

The bulk Drug park,says Chief Minister Jai Ram Thakur proves Prime Minister Narendra Modi’s love for the people of the state.



By Ashwani Sharma

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