Bulk Drug Parks

IFCI has been appointed as a Project Management Agency for Promotion of Bulk Drug Parks. The objectives of the Scheme are as under:

• To promote setting up of bulk drug parks in the country for providing easy access to world class Common infrastructure Facilities (CIF) to bulk drug units located in the park in order to significantly bring down the manufacturing cost of bulk drugs and thereby make India self-reliant in bulk drugs by increasing the competitiveness of the domestic bulk drug industry and
• To help industry meet the standards of environment at a reduced cost through innovative methods of common waste management system.
• Three bulk drug parks will be supported under the scheme with total outlay of ₹3000 crore for Five years duration from FY 2020-21 to FY 2024-25