The government of Tamil Nadu has proposed to set up a bulk drug park and a medical devices park near Chennai.
The bulk drug park is will be located in Tiruvallur district in an artea of 2,000 acres. The proposed cost for developing this project is Rs 2,153 crore.
The medical devices park will be located near Oragadam in Kancheepuram district in an area of 350 acres, according to the memorandum presented to the Prime Minister Narendra Modi by Tamil Nadu Chief Minister Edappadi K Palaniswami.
The proposed cost for developing this project is Rs 430 crore.
These parks will have common and advanced infrastructure facilities like CETP, steam systems, warehousing & cold storage, R&D Centre, testing facilities etc. The state government will provide an attractive package of incentives to industries which will invest in these parks.