Business Standard

Gujarat trying to woo pharma firms: Nitin Patel

Image

Press Trust of India Vadodara
With tax holiday offered to pharma companies in Himachal Pradesh drawing to an end, the Gujarat government is trying to attract pharma companies to the state, a state minister said today.

"In Baddi (Himachal Pradesh), most probably in 2016, the tax holiday for pharmaceutical industries will end. Our effort will be to attract the pharmaceutical companies to Gujarat," Health Minister Nitin Patel said after the inauguration of the new office of the Food And Drugs Administration here.

A special cell had been set up for this in the Chief Minister Anandiben Patel's office, he said.

Gujarat currently has about 800 pharmaceutical manufacturing units, of which nearly 80 per cent are small and medium scale enterprises, Patel said.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 18 2016 | 8:57 PM IST

Explore News