Centre approves two dedicated parks for pharmaceutical-medical devise sector in Gujarat”
Gandhinagar, Thursday: Even as Gujarat has become a manufacturing and auto hub in the country, Chief Minister Vijay Rupani today reiterated his resolve to ensure the state take a lead in pharmaceutical and medical devices sector, too.
He was inaugurating the 3-day long 5th International Conference on India Pharma and India Medical Device-2020, organised by Union Ministry of Chemicals and Fertilisers in collaboration with FICCI, at Mahatma Mandir here in presence of Union Minister Sadananda Gowda and Minister of State Mansukh Mandaviya.
Mr. Rupani said that with 4,500 pharmaceutical units providing jobs to 85,000 people Gujarat is contributing 31 per cent share of the country’s total output in this sector. Gujarat is also contributing to 40 per cent of the country’s pharma machinery output. He thanked the Prime Minister for recently approving two dedicated parks for pharmaceutical-medical devices in Gujarat.
He said that Gujarat led in pharmaceutical sector because of the state’s ease of doing business, issuing permission and research and development facilities. He said that Gujarat’s pharmaceutical sector accepts the challenge to treat the newly erupting diseases.
The Chief Minister presented excellence awards to leading producers. He also released research papers and Medical Devices Global Export-Import Report-2019 on the occasion.
Speaking on the occasion, Mr. Gowda said that India has become the biggest supplier of generic medicines in the world. At present, over 6,200 generic medicine stores are operational across India to supply qualitative medicines at the cheap rates. India is taking frontal position in this field.
He further stated that Indian medical devices market is estimated at 5.2 billion US$, which can contribute 4 to 5 % of the Indian health industry worth of 96.7 billion US$.
The union minister also claimed that India is prepared to fight against deadly Coronavirus. We have sufficient quota of medicines for 3-months to fight against the Coronavirus.
Union Minister of State for shipping, fertilizers, and chemicals Mr. Mansukhbhai Mandaviya said that Indian pharma sector is growing at 12%. The world pharma giant companies are queuing up to sign agreements with Indian companies for making foreign investments in India.