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Govt plans to establish pharma & medical technology zone at Bengaluru

The move is aimed at reducing the manufacturing cost of drugs and medical devices

Ananth Kumar addressing the India Pharma conference in Bengaluru
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Ananth Kumar addressing the India Pharma conference in Bengaluru

BS B2B Bureau Bengaluru
The government is planning to establish an exclusive zone for pharmaceuticals and medical technology (Med Tech) at Bengaluru to give a boost to domestic production of these products under the Make in India initiative. “Bengaluru, being the hub of information technology and skilled manpower, will prove to be the ideal location to set up a pharma and Med Tech zone and the Ministry will work with the State Government to establish it soon,” said Ananth Kumar, Minister for Chemicals & Fertilizers, while inaugurating the India Pharma & India Medical Device International Conference in Bengaluru on Saturday.

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