Sadananda Gowda releases guidelines of 4 schemes for development of bulk drug, medical device parks

Union Minister for Chemicals and Fertilizers, Sadananda Gowda on July 27, held a meeting on guidelines for setting up bulk drug parks and medical devices parks in the country.

The new guidelines will open door for critical API production and Manufacturing of high-end medical devices in India."Once operational in about two years these parks will generate thousands of direct and indirect jobs reduce import dependency and make India as a global pharmaceutical hub," said Gowda.