Giving a big push to his efforts to woo the pharmaceutical industry in a big way, Telangana Chief Minister K Chandrashekar Rao took the pharma bigwigs on a helicopter ride to show them the land for the proposed Pharma City project on the outskirts of joint capital city Hyderabad.
During the aerial survey of Ranga Reddy and adjacent Mahabubnagar districts, representatives from big pharmaceutical firms, like Reddy’s lab, Aurobindo Pharma and Hetero Pharma and Bulk Drug Manufacturers Association, accompanied KCR.
later, speaking to the media, KCR said that the proposed Pharma City project would be pollution-free and would ensure zero-liquid-affluent-discharge facility in accordance with the global standards. It will utilise the finest and latest technology to ensure that there was no pollution.
“Hyderabad Pharma City, spread over an area of 11,000 acres, will also have a University and Pharmaceutical Research Center”, he said.
Several companies have come forward to invest `30000 crore in this project, he added. Part of this project will come up in forest area. A township will also be built for the employees of the Pharma City.
Chief Minister also visited the area of Nalgonda district where the Government was planning to set up Telangana film industry.
Once the State Government gets the nod from the Pharma companies and Bulk Drug industries, it will start the work on developing the necessary infrastructure including the road connectivity to the area, which lies between Srisailam and Nagarjuna Sagar projects.