CSIR-IICT and APIIC collaborate to set up Bulk Drug Pharma Park

In an effort to achieve self-reliance, Andhra Pradesh Industrial Infrastructure Corporation Ltd (APIIC) on 2 September 2020 signed an MoU (Memorandum of Understanding) with CSIR-IICT (CSIR-Indian Institute of Chemical Technology), Hyderabad, to establish “Bulk Drug Pharma Park” in the state under the BDPs scheme of the Ministry of Chemicals and Fertilisers, Department of Pharmaceuticals, Govt of India, by seeking financial support from Centre.

Being a knowledge partner with the state govt, CSIR-IICT will offer essential technical support in preparing the proposal to be submitted by the Andhra Pradesh government to the Department of Pharmaceuticals.

The MoU was exchanged virtually in the presence of senior officials from both parties.