Lucknow/Chandigarh: The Confederation of Indian Industry (CII) and the Uttar Pradesh State Industrial Development Authority (UPSIDA) jointly organized a special roadshow in Chandigarh under the theme “Investment Opportunities in Uttar Pradesh’s Pharmaceutical Landscape.” The event aimed to familiarize pharmaceutical industry investors with the business-friendly and investment-conducive environment in Uttar Pradesh.
Under the leadership of Chief Minister Yogi Adityanath, Uttar Pradesh is advancing towards becoming a one-trillion-dollar economy. As part of this vision, a Bulk Drug Pharma Park is being developed on 1,472.33 acres in Lalitpur district. This project is a significant step toward making India self-reliant in the pharmaceutical sector and establishing the country as the “Pharmacy of the World.”
UPSIDA Extends an Invitation to Investors
Highlighting Uttar Pradesh as a premier industrial destination, UPSIDA’s Chief Executive Officer (CEO) Mayur Maheshwari stated, “Uttar Pradesh has become an attractive destination for investors. The government is committed to providing every possible assistance to them.” He further emphasized that the state offers investor-friendly policies, a robust industrial infrastructure, and excellent logistics facilities. This roadshow represents a crucial initiative in boosting investments in the pharmaceutical industry.
Key Meetings with Leading Pharma Companies
The event witnessed participation from major investors and policymakers in the pharmaceutical sector. One-on-one meetings were held with representatives from leading pharmaceutical companies such as Mankind Pharmaceuticals, Morepen Laboratories, Alliance Formulations, Hanucem Laboratories, Primus Pharmaceuticals, and Park Pharmaceuticals. Chief Minister Yogi Adityanath’s advisor, Dr. G.N. Singh, also attended this crucial meeting and highlighted the government’s industry-friendly policies.
A Major Step Towards Establishing Uttar Pradesh as a Pharma Hub
This roadshow marks a solid step toward positioning Uttar Pradesh as a leading pharmaceutical hub in the country. Industry experts and investors shared their insights on the immense potential of the pharmaceutical sector in the state. Under the leadership of the Yogi government, Uttar Pradesh is emerging as a preferred state for pharma investments, and in the coming years, this sector is expected to significantly strengthen the country’s economy.
