Varanasi: Chief Minister Yogi Adityanath on Saturday said that Uttar Pradesh has immense potential in the pharmaceutical sector, and it is poised to emerge as a major pharmaceutical hub within the country in times to come as it is blessed with adequate manpower, better road connectivity, adequate land bank and provides a secure environment and Sectoral Policies.
Chief Minister Yogi while addressing the experts, stakeholders, and entrepreneurs associated with the pharma sector in the National Seminar on Pharma Sector organized at Asha College of Pharmacy and Research Center invited them to invest in Uttar Pradesh. He said six G-20 meetings are to be held in Varanasi, three in Lucknow, and one each in Agra and Gautam Buddh Nagar as well as the upcoming Global Investors Summit to explore opportunities to promote the pharmaceutical industry for the state There are huge opportunities.
The Chief Minister said, “About 30 crore people depend on the health services of UP. The only two major drug markets between Lucknow and Patna are Varanasi and Gorakhpur. Medicines are supplied to Patna from Varanasi and to Kathmandu from Gorakhpur. Therefore, a lot needs to be done in this field. Along with research work, we will also have to build new institutions.”
In this context, he mentioned the work of Medical Device Park running on 350 acres of land in the Yamuna Expressway Industrial Development Authority area, and Bulk Drug Park on 2000 acres in Lalitpur.
Emphasizing that India was very rich in terms of talent, which proved its mettle on the global stage whenever given a chance, the CM encouraged the attendees, including experts and different stakeholders from the pharmaceutical sector, to boost research in this huge field of medicine, ensure quality and get patents filed promptly so that UP’s presence in the global market increased and India was able to capture the global market. He added that India and UP also provide big markets to the world.
CM Yogi said, “Every fifth-sixth person in the world is from India and every fifth-sixth person in India is from UP. So, if India has great potential globally, UP is a state of immense possibilities within the country. As India’s march to progress continues, it has become the fifth largest economy of the world and is also heading G20, the group of 20 most influential countries of the world that control 90% of innovations and patents and 85% of the world’s GDP.”