Punjab CM initiates plans for state's pharmaceutical hub

| | Chandigarh
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Punjab CM initiates plans for state's pharmaceutical hub

Saturday, 06 January 2024 | PNS | Chandigarh

In a move towards boosting the pharmaceutical sector and fostering economic growth, Punjab Chief Minister Bhagwant Mann on Friday toured the JawaharLal Nehru Pharma City in Visakhapatnam, Andhra Pradesh.

 

Expressing confidence in the immense potential of the pharmaceutical industry in the state, the Chief Minister extended a warm invitation to pharmaceutical companies to make substantial investments in Punjab. Emphasizing the dual benefits of economic growth for the state and expanded business operations for the companies, Mann highlighted the pivotal role such investments could play in positioning Punjab at the forefront of the pharmaceutical sector.

 

During his visit, Chief Minister engaged in detailed discussions with officials from the pharma city to explore the possibility of establishing a similar venture in Punjab. He stressed that the creation of a pharmaceutical city could be a game-changer, generating numerous employment opportunities for the state's youth.

 

At the same time, Mann assured that the State Government would actively investigate the feasibility of implementing such a project, demonstrating their commitment to the holistic development and prosperity of Punjab.

 

As part of the visit, the Chief Minister toured the pharmaceutical city, immersing himself in the operations of various pharma companies. Mann underlined the importance of such projects in shaping a dynamic and vibrant Punjab. The initiative aligns with the state government's vision to attract major investments, further diversify the economy, and solidify Punjab's standing in the pharmaceutical landscape.

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