Govt to set up 6 bulk drug, medical device parks
To reduce import dependence, the government has decided to establish six bulk drug and medical devices parks across India, which will require a combined investment of about ₹60,000 crore, said Fertiliser Minister Ananth Kumar. "As much as 80% of our total requirement of bulk drugs/APIs and 65% of total demand of medical devices is met through imports," he added.