On 9th September 2024, Chief Minister A. Revanth Reddy announced that the Green Pharma City, which is being developed across the Rangareddy and Mahabubnagar districts, will be established as a hub for drug manufacturing, biotechnology, and life sciences companies. The city will prioritize the establishment of units producing antibiotics, fermentation products, synthetic drugs, chemicals, vitamins, vaccines, drug formulations, nutraceuticals, herbal medicines, specialty chemicals, cosmetics, and other related products.
As reported by timesofindia.indiatimes.com, the Chief Minister urged officials to expedite the development of the Green Pharma City on the outskirts of Hyderabad, in the pre-selected area of Mucherla. “Renowned pharmaceutical companies from around the globe are expressing interest in investing in Green Pharma City. The Congress government will soon engage with company representatives,” Revanth Reddy stated during a review meeting on the pharma city and the upcoming Future City project.
In addition to these developments, there will be a focus on research and development, with plans for a specialized university dedicated to research, training, and skill development. The CM proposed offering courses in healthcare and pharmaceuticals to boost employment opportunities.
He also emphasized that the Green Pharma City should be developed as an eco-friendly and pollution-free industrial hub. “Ensure that the development of industries does not cause any inconvenience to the residents in the surrounding areas of the pharma city,” Reddy added. The CM directed officials to prioritize infrastructure development, including roads, drinking water, electricity, drainage, and other essential services, as soon as possible.