Chief Minister Dr. Mohan Yadav highlights the potential of Madhya Pradesh in pharma, biotech, and medical devices with over 300 pharmaceutical companies and investment incentives.
Madhya Pradesh has become an attractive destination for investment in the pharmaceuticals, biotechnology, and medical devices sector. This is evident from the presence of over 300 pharmaceutical companies and more than 30 API and bulk drug manufacturers in the state.
The state government aims to develop a complete value chain covering drug manufacturing, active pharmaceutical ingredients (APIs), research, testing, and medical device production. This expansion is supported by the state's central location, established industrial clusters, skilled workforce, and investment incentives.
Chief Minister Dr. Mohan Yadav interacted with leading pharma industry representatives at a roundtable in Mumbai, where investment opportunities in pharma manufacturing, R&D, exports, and new technology-based projects were discussed.
Source:
MPInfo English News
