Pharma sector set to get formula right

A 350-acre medical devices park is being set up at the SIPCOT industrial complex at Oragadam in Kancheepuram district with a potential to attract `3,500 crore in investments. A pharma park is on the anvil at Tindivanam in Villupuram district, which is expected to generate drugs and pharmaceutical products worth `2,000 crore annually. The pharmaceutical industry is bullish that the state can attract investments to the tune of $10billion as the size of the Indian pharma industry is projected to touch $130 billion by 2030.

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