Hyderabad, Telangana Government is mulling to set up a 'Pharma City' near the state capital in about 8,000 acres.
The City will include industries as well as residential colony, and a power plant with 500 MW capacity will be set up adjacent to the pharma city to provide captive, dedicated and uninterrupted power supply to the industry, a press release from the chief minister's office said on Wednesday.
The required land, infrastructure facilities, communication facility, power supply, water supply etc. will be provided by the government..., it said.
The pharma city is expected to accommodate about five lakh employees besides their families in the residential colony touching about twenty lakh over a period, the release quoted Chief Minister K Chandrasekhar Rao as saying.
The Chief Minister has suggested to a delegation of Drugs Manufacturers' Association that an international consultancy organisation with expertise in developing industrial estates should be contacted to design the pharma city.
The Association also requested the chief minister to create an exclusive department for pharma subject to which he responded positively, the release further said.