A Milestone In The Making

Pharma companies need to fine-tune their security policies and implement best practices to safeguard data integrity.

- Prathiba Raju

The 29th state of India, Telangana, formed in the year 2014, is striving hard to make its mark globally by developing a world class Pharma City, located 70 kms from the city of Hyderabad. Spread across a sprawling 12,000 acres of land, the proposed ‘Pharma City’ is gradually taking its shape in Rangareddy and Mahbubnagar districts. Industry experts believe that the largest integrated industrial ‘Pharma City’ is going to be a milestone in the Indian pharmaceutical industry.

Department of Industrial Policy and Promotion (DIPP), Union Ministry of Commerce and Industry, has also accorded in-principle approval for setting up of National Investment Manufacturing Zone (NIMZ) for the proposed Pharma City. The government aims to build a sustainable ecosystem where pharma players across the value chain — intermediates/bulk drug manufacturers to pharma formulations players, biotechnology players to R&D labs and education institutes — are likely to co-exist, enabling faster collaboration and evolution of the industry as a whole.

Pharma calling

Hyderabad is well known as the bulk drugs capital of India, which accounts for almost 20 per cent of pharma exports from the country and is now providing an impetus to the pharma industry by its proposed Pharma City project. The industry-friendly hub is likely to attract new investments in manufacturing and allied segments of the pharma industry.