Over 141 Acres of Land Allocated for Pharma Park in Naya Raipur
ECONOMY & POLICY

Over 141 Acres of Land Allocated for Pharma Park in Naya Raipur

Chhattisgarh is positioning itself as a key pharmaceutical hub in central India, with the Naya Raipur Atal Nagar Development Authority allocating 141.84 acres of land in Sector-22 for the establishment of a pharmaceutical park. The Chhattisgarh State Industrial Development Corporation (CSIDC) has been granted the land to develop this initiative.

According to state representatives, the development of this park is part of a broader strategy to strengthen healthcare services and improve accessibility for citizens. The project aligns with the state’s new industrial policy for 2024-30, which offers various incentives and concessions to pharmaceutical industries.

The government anticipates that the pharmaceutical park will attract both domestic and international investments, increase competition in the sector, create jobs for local youth, and stimulate economic growth in the state.

"Through this park, we aim to meet the growing demand for healthcare products both domestically and internationally. Additionally, Chhattisgarh’s Shaheed Veer Narayan Singh Ayushman Health Scheme provides free treatment to 77.20 lakh families in the state, which will be expanded to cover Rs 10 lakh in the future," said the government spokesperson.

The facility will support pharmaceutical units specialising in Ayush products, with modern infrastructure including a flatted factory complex and a common effluent treatment plant (CETP). The park will also feature research and development centres and testing laboratories.

The state government offers a 100% investment promotion on capital investments for large-scale pharmaceutical enterprises, including reimbursements for SGST payments and capital investment grants.

Chhattisgarh is positioning itself as a key pharmaceutical hub in central India, with the Naya Raipur Atal Nagar Development Authority allocating 141.84 acres of land in Sector-22 for the establishment of a pharmaceutical park. The Chhattisgarh State Industrial Development Corporation (CSIDC) has been granted the land to develop this initiative. According to state representatives, the development of this park is part of a broader strategy to strengthen healthcare services and improve accessibility for citizens. The project aligns with the state’s new industrial policy for 2024-30, which offers various incentives and concessions to pharmaceutical industries. The government anticipates that the pharmaceutical park will attract both domestic and international investments, increase competition in the sector, create jobs for local youth, and stimulate economic growth in the state. Through this park, we aim to meet the growing demand for healthcare products both domestically and internationally. Additionally, Chhattisgarh’s Shaheed Veer Narayan Singh Ayushman Health Scheme provides free treatment to 77.20 lakh families in the state, which will be expanded to cover Rs 10 lakh in the future, said the government spokesperson. The facility will support pharmaceutical units specialising in Ayush products, with modern infrastructure including a flatted factory complex and a common effluent treatment plant (CETP). The park will also feature research and development centres and testing laboratories. The state government offers a 100% investment promotion on capital investments for large-scale pharmaceutical enterprises, including reimbursements for SGST payments and capital investment grants.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code