Pharma Park

  • The State of Jharkhand has created a conducive eco-system for manufacturing industry, has identified Pharmaceutical sector as Thrust Sector in its Industrial Policy.
  • Cost-competitiveness, availability of infrastructure, natural resources, a sound policy and regulatory environment are the key factors for Jharkhand to attract investments in Pharma sector.
  • To realize the aspirations, the state government has decided to approach development of Pharma sector by:
    • Tapping the grant from Micro Small Enterprises – Cluster Development Programme- (MSE-CDP) scheme.
    • Developing a dedicated pharma estate/park in and around and attracting investments into the proposed estate/park
Content Description
Location Barhe village, Chahno block, Bijupara in Ranchi
Area ~35.08 acres

 

Connectivity from the Site Distance
National Highway 4 Kms
Railway Station 35 Kms
Airport 40 Kms
Sea Port 435 Kms

 

Pharmaceutical Industry in Jharkhand…Tapping the Unexplored market


  • Jharkhand Pharmaceutical industry is rapidly growing at a faster pace. The market value of the Industry in the state is around Rs 896 Cr in FY15 and it has grown to Rs 1248 Cr in FY17.
  • The market has grown on average of 18% during last 3 years.
  • The state is contributing ~5% of East Indian Market and 1% of whole Indian Pharmaceutical Market.
  • Anti infective, Gastrointestinals  medicines occupies major market share i.e.,17% & 14% share and growing at 12%,  & 17% respectively. Followed by Cardic medicines with 10%,  Respiratory medicines with 9%   of market share.