Current Affairs Exam

Proposed pharma cluster near Indore eyes Rs 400 crore investment

A dedicated cluster for homegrowndrugmanufacturers may attract an of over Rs 400 crore from around 40 industries, claimedMadhya PradeshSmall Scale Drug Manufacturers Association.
The Micro, Small and Medium enterprises (MSME) department has proposed five clusters, namely furniture, toys, confectionery, pharmaceuticals and Food Processing in theIndoreregion. The pharmaceutical cluster is expected to come in close proximity to the Indore-Ujjain road.

Drug manufacturers have expanded capacity utilisations to enhance production of Covid-19pandemicrelated drugs and cold medicines amid apprehension that the third wave may strike anytime Indore has around 100 small and medium drug manufacturing units engaged in production of ointments, tablets, syrups and syringes among other items. Around 300 drug manufacturing units, including multinationals, operate in MP.

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