A special session on 'Pharmaceutical and biotechnology: strengthening the eco system in Uttar Pradesh' was held at Dadhichi Hall on the second day of UP Global Investors’ Summit-2023. During this, Minister of State for AYUSH and Food Security Dayashankar Mishra 'Dayalu' and Minister of State for Industrial Development Jaswant Singh Saini, who was the chief guest, informed the investors in detail about the possibilities in the field of pharma and biotech in UP.
Dayashankar Mishra Dayalu said that UP, which at one time was mocked as 'Ulta Pradesh', had become Uttam Pradesh under the leadership of Chief Minister Yogi Adityanath.
Addressing the experts, stakeholders, entrepreneurs associated with the pharma sector, Dayashankar Mishra invited them to invest in UP. He said that today UP could proudly say that it was a state of expressways. He said in the revised pharma policy, under the leadership of Chief Minister Yogi Adityanath, investors were invited with open arms. “There is neither shortage of land nor infrastructure in UP,” he said.
On the other hand, Minister of State Jaswant Singh Saini highlighted that the whole world was watching with astonishment as UP was developing and rejuvenating itself. “UP has turned every disaster of the COVID-19 period into opportunities and has successfully emerged as the most suitable place for investment,” he said.
Advisor to the Chief Minister, Dr Gyanendra Nath Singh said that only UP had a pharma policy in India, which should be taken advantage of by entrepreneurs and investors. “In the future, in accordance with the intention of the chief minister, UP shall become a hub of pharma,” he added.
Advisor to the chief minister, Awanish Kumar Awasthi described the pharma sector in the state as having immense possibilities. He said the chief minister had set an initial target of Rs 10 lakh crore for UP GIS, which had now reached more than Rs 33 lakh crore.
He listed the benefits of investing in Lalitpur and Yamuna Medtech Park near Delhi. During this, PP Lal Krishna, MD of Ramki Pharmaceutical Company explained in detail about the pharma industry through a presentation.
On this occasion, Secretary of pharmaceuticals, Government of India, S Aparna, and Principal Secretary Anita Singh invited entrepreneurs to invest in the pharma sector. On the other hand, Dr. Sanjay Singh, CEO of Genova Bio Pharmaceuticals Ltd. and Muneshwar Singh, Site General Manager of Teva Company, UP shared their experiences regarding investment in UP.