At present there are 412 pharma companies and 173 bulk drug units in Telangana state. Earlier the total count was about 1500 pharma firms in the united Andhra Pradesh. In the year 2005 about 300 firms had shifted to tax incentive states like Uttarkhand, Gujarat and Himachal Pradesh. Now that the State of Andhra Pradesh is divided into two, the Telangana Pharmaceutical Association fear that the remaining firms may also shift their bases to Andhra state, as the AP government has been luring with numerous incentives and benefit packages for the investors.
In view of this, the TPA has demanded the Telangana Medical, Health and Family welfare Minister Dr.T.Rajaiah to come out with a comprehensive pharma policy and announce incentives and tax exemptions. The association has also demanded to increase more number of public private partnership programme to attract new investor and at the same time retain the existing companies in the state.
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