Six pharma companies to invest ₹272 crore in Orvakal
The Hindu
The MSME units were being incentivised through the ‘IDP 2020-23 Policy’.
Six entrepreneurs proposing to manufacture vaccines, bulk drugs, and intermediaries have shown interest in setting up units at the Orvakal Mega Industrial Hub to establish pharmaceutical industries in the Kurnool district proposing an investment of ₹272.19 crore in 77 acres. At a virtual meeting of owners of pharmaceutical companies on Wednesday evening Director of Industries and Vice-Chairman & Managing Director, APIIC J.V.N. Subrahmanyam said the Industrial Hub was a ‘Golden mine’ for the entrepreneurs and first node in the Hyderabad-Bengaluru industrial corridor.
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