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KCR Mission: Pharma City for Hyderabad!
By: Tupaki Desk | 24 July 2014 5:04 AM GMTSeems like Chief Minister K Chandrasekhar Rao is leaving no stone unturned to built a golden Telangana. The latest mission of CM is a sprawling Pharma City that spreads over nearly 8,000 acres. This Mega Project is going to be completed in an year from now.
KCR promised that the Pharma City with world-class facilities and pollution-free set up is going to surprise one and all. He also proposed a 500 MW power plant adjacent to this project to ensure uninterrupted power supply. He also informed All the drug industries spread across the city will have to move to the Pharma City once the project completes.
The Chief Minister informed 30% medicines to the US have been from Telangana alone. While the total earnings of Pharma Industry were at Rs 65,168 crore per year, the exports have been generating an income of Rs 32,584 crore. It is providing employment to six lakh people and also been a source of income for centre and state.