Q. How will the promotion of the Bulk Drugs Park benefit the Indian pharmaceutical industry?
Answer
• The pharmaceutical industry will have easy access to world-class common infrastructure facilities (CIF.) • The facilities provided by this scheme are intended to reduce the manufacturing costs of bulk drugs. • It will promote self-sufficiency in pharmaceutical manufacturing and can be linked to India's Atmanirbhar Bharat ambition. • The bulk drug parks will also boost India's bulk drug industry's competitiveness.
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