Saturday, July 10, 2021

Karnataka: Yadgir Pharma Park to get seven more projects – ET HealthWorld


Here’s some good news for the people of Kalyana Karnataka, the region which has remained industrially backward as compared to other parts of the state.

The state government has allotted land for seven projects of pharmaceutical companies that are investing Rs 123 crore at Kadechur village in Yadgir district. These units are expected to create 633 jobs for youths. These proposals are expected to get clearance from the single window clearance committe (SWCC) chaired by large and medium industries minister Jagadish Shettar by the end of April.

Shettar said that the government has already given nod to 16 pharmaceutical and drugs industries that are investing Rs 962.5 crore and will create 3,000 jobs. “Now land has been allotted to seven more industries. Responding to our pro-industry measures, 7-8 investors are coming forward every month to set up their units in the state. The proposed pharma park has also evoked interest among pharmaceutical companies of Hyderabad, Mumbai and other cities. We visited Kadechur in January and reviewed the developments there. Many industries have already started construction,” he shared.

Karnataka Udyog Mitra managing director HM Revannagowda said that the seven proposals were cleared during the 83rd Land Audit Committee (LAC) meeting held on March 31 in Bengaluru. “Normally once they get cleared in LAC, there won’t be any hurdle to get the nod from SWCC. The next meeting of SWCC will be held in the third week of this month,” he stated.

Welcoming the move, Kanthilal Dhoka, vice-president, Yadgir district Chamber of Commerce and Industry, noted that infrastructure development is very slow in Kadechur. “It should be expedited. Though some industries have started construction, it requires 6-8 months more to launch production. This whole process is going on from 6-7 years but government should ensure starting production at the earliest,” he underlined.





Source link

Stay Connected

1,605FansLike
11,000FollowersFollow
342FollowersFollow
775FollowersFollow

Latest Articles

Covid’s second wave proves lethal for pregnant women

At SVP Hospital in Ahmedabad – one of the major Covid-19 hospitals of the city – 148 pregnant women with Covid-19 infection were admitted...

7 Tips to Keep Your Gut Healthy

This is common to say health (and illness) starts in your gut. If you have poor gut health, you’ll experience anything from wrinkled skin, to...

SII making first batch of Covovax: Poonawalla

The first batch of Covovax, a Covid-19 vaccine developed by Novavax Inc, is being manufactured at the Serum Institute of India's Pune facility, SII...

Sputnik V is safest among all Covid-19 vaccines, no deaths recorded: Buenos Aires study

A study by the Buenos Aires Ministry of Health to monitor the safety of the Sputnik V vaccine against Covid-19 confirmed on Thursday that...

Telangana caps Covid treatment charges in private hospitals

Hyderabad: The government of Telangana on Wednesday issued orders fixing treatment and investigation charges for Covid-19 in private hospitals.The state government, which had capped...