Make in Assam Pharmaceuticals Policy 2024-2030
Driving Global Leadership in Pharmaceutical Innovation and Manufacturing
Assam, a leading industrial powerhouse in India, is strategically poised to become a global hub for pharmaceutical innovation, research, and manufacturing. The AssamPharmaceuticals Policy 2024 leverages the state’s robust industrial foundation, skilled workforce, and advanced infrastructure to attract investments, drive innovation, and ensure sustainable growth in the pharmaceutical industry.
The “Make in Assam” initiative aims to establish the state as a premier destination for pharmaceutical investments by promoting eco-friendly manufacturing and cutting-edge research. The policy emphasizes building a strong ecosystem that supports pharmaceutical clusters, R&D facilities, and high-tech manufacturing units, solidifying Assam’s position as a global leader in the pharmaceutical sector.
Vision for 2030
Assamas a Global Pharmaceutical Leader
By 2030, Make in Assam envisions transforming the state into India’s top destination for pharmaceutical investments, with the following ambitious goals:
- Positioning Assamas the preferred choice for domestic and global pharmaceutical companies, targeting ₹1 lakh crore in investments.
- Developing over 15 pharmaceutical parks and clusters equipped with world-class infrastructure, dedicated industrial feeders, and 24×7 power supply to foster high-quality manufacturing.
- Generating more than 2 lakh direct and indirect jobs, with a focus on empowering women, youth, and rural communities.
- Promoting sustainable manufacturing by incentivizing zero-effluent discharge technologies and other eco-friendly practices.
Advancing pharmaceutical R&D and innovation by fostering collaborations among academic institutions, research centers, and industry leaders to accelerate drug discovery, clinical research, and biosimilar development.
Mission
Building Assam’s Pharmaceutical Ecosystem
- Attract large-scale investments in pharmaceutical manufacturing, research, and infrastructure by offering industry-leading incentives and ensuring ease of doing business.
- Promote sustainable and eco-friendly manufacturing practices, ensuring that Assambecomes a leader in green pharmaceutical production.
- Foster research and innovation in life sciences by establishing dedicated pharmaceutical R&D hubs, supporting the development of new drugs, biosimilars, and vaccines.
- Create employment opportunities by upskilling the workforce and providing training in high-tech pharmaceutical manufacturing and quality control.
- Enhance Assam’s global competitiveness in pharmaceuticals by building export promotion zones and facilitating market access to international pharmaceutical markets.
Key Objectives
Assam’s Pharmaceutical Roadmap
The AssamPharmaceuticals Policy 2024 defines a clear vision with strategic objectives to establish Assamas a global powerhouse in the pharmaceutical industry:
- Attracting Investments in Pharmaceutical Clusters: Assamplans to establish over 15 pharmaceutical parks and clusters, offering 50% grants for greenfield cluster development, capped at ₹10 crores per park. Similar financial assistance will support the modernization and expansion of existing clusters, creating a thriving industrial landscape.
- Promoting Sustainable Manufacturing: The policy prioritizes environmentally responsible production by providing subsidies of up to ₹2 crores or 50% of project costs for infrastructure like zero-effluent and waste-discharge technologies, ensuring sustainable and eco-friendly manufacturing practices.
- Supporting R&D and Innovation: Assamwill drive pharmaceutical research and innovation by offering grants and subsidies to establish cutting-edge research centers. Partnerships between universities, research institutions, and the private sector will accelerate advancements in drug discovery and development.
- Enhancing Global Competitiveness: To strengthen its position in the global market, the state will create dedicated export promotion zones, offer financial aid for participation in international trade fairs, and improve logistics infrastructure to reduce export-related costs and expand market access.
Creating Employment and Skill Development Opportunities: The policy aims to generate 2 lakh jobs in the pharmaceutical sector by investing in skill development and capacity-building programs. Special focus will be given to empowering women, youth, and rural communities through targeted training and incentives.
Strategic Focus Areas
Accelerating Growth in Assam’s Pharmaceutical Sector
Developing Pharmaceutical Clusters and Greenfield Parks
Assamwill establish over 15 pharmaceutical parks and clusters in key industrial hubs like Varanasi, Guwahati, and Nagpur. These parks will feature state-of-the-art infrastructure, including dedicated power feeders, round-the-clock electricity, and advanced water supply systems. Companies setting up operations in these clusters will benefit from grants covering 50% of infrastructure costs, up to a maximum of ₹10 crores per park or cluster.
Promoting Environmentally Sustainable Manufacturing
The policy promotes sustainable manufacturing by offering financial incentives for implementing zero-effluent discharge technologies and common effluent treatment plants (CETP). Assamwill provide up to ₹2 crores or 50% of the project cost, helping pharmaceutical manufacturers meet environmental standards and minimize their carbon footprint.
Fostering Pharmaceutical R&D and Innovation
Assamwill establish dedicated R&D hubs to drive innovation in pharmaceuticals, focusing on the development of new drugs, biosimilars, vaccines, and clinical research. These hubs will foster collaboration among academic institutions, research laboratories, and pharmaceutical companies, advancing cutting-edge discoveries and positioning Assamas a global leader in pharmaceutical innovation.
Enhancing Export Competitiveness
Assamwill create export promotion zones to boost pharmaceutical exports, providing financial incentives for manufacturers to participate in international trade fairs and global exhibitions. These zones will also offer advanced logistics infrastructure, including cold chain storage and expedited export processing, reducing barriers and facilitating smoother access to international markets.
Creating Employment and Building a Skilled Workforce
The policy highlights the critical role of skill development in the pharmaceutical sector by offering training programs in advanced manufacturing, quality control, and biotechnology. The government will set up pharmaceutical training institutes and provide employment cost subsidies for companies hiring local talent, with a particular focus on women and rural youth. The aim is to generate 2 lakh direct and indirect jobs across the state, fostering a skilled workforce for the industry.
Incentives for Pharmaceutical Investments
The AssamPharmaceuticals Policy 2024 provides a comprehensive set of incentives to promote investments in the pharmaceutical sector:
| Incentive Type | Details |
| Pharmaceutical Cluster Development | 50% of the infrastructure cost as a grant for new pharmaceutical parks/clusters, capped at ₹10 crores per park or cluster. |
| Upgradation of Existing Clusters | 50% of the upgradation cost, capped at ₹5 crores, for improving infrastructure in existing clusters. |
| Environmental Protection Subsidy | ₹2 crores or 50% of the cost of zero effluent/waste discharge technologies for common infrastructure projects like CETP. |
| Capital Investment Subsidy | 10% of the cost of plant and machinery for A0/B0 category industries, ensuring that investments in pharmaceutical manufacturing are incentivized. |
| Employment Subsidy | ₹6,000 per female worker and ₹5,000 per male worker per month for 5 years, provided to pharmaceutical companies hiring local workers. |
| Government Procurement Support | For companies investing over ₹10 crores, waivers on minimum experience requirements for government procurement, applicable for the first 3 years. |
| Power and Energy Support | Committed 24×7 power supply and dedicated industrial feeders for pharmaceutical units established in designated parks/clusters. |
Ease of Doing Business
Streamlined Approvals and Regulatory Support
Assamis dedicated to facilitating a smooth business environment for pharmaceutical investors and manufacturers. The state will introduce a Single Window Clearance System to simplify the approval process for pharmaceutical projects. Additionally, companies will benefit from self-certification under labor laws, minimizing regulatory hurdles and ensuring efficient and timely project execution.
Conclusion
AssamLeading India’s Pharmaceutical Revolution by 2030
The AssamPharmaceuticals Policy 2024 is a visionary and strategic initiative aimed at establishing Assamas a global leader in pharmaceutical innovation and sustainable manufacturing. By attracting investments, driving R&D, and promoting eco-friendly practices, the state will spearhead India’s rise as a prominent global pharmaceutical hub.
Make in Assam invites global pharmaceutical companies, researchers, and innovators to join this transformative journey and contribute to building a sustainable, innovative, and globally competitive pharmaceutical ecosystem.
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About Make in Assam
The Make in Assam is a Public Benefit Corporation (PBC) with a mission to establish Assamas a key player in international economic collaboration, focusing on strategic partnerships with nations like USA, Europe, Australia, African Union, KSA, China, India, Qatar, Saudi Arabia, Türkiye, and the UAE across vital sectors such as energy, technology, agriculture, and finance. Our goal is to integrate lessons from successful global economic models, adopting best practices to ensure sustainable and inclusive growth. We aim to enhance economic prosperity and diversification, contribute to societal progress, and promote sustainable economic practices. By leveraging Assam’s unique position, Make in Assam strives to drive substantial economic growth, spur innovation, and solidify Assam’s stature in the international economic arena, resonating with the government’s vision of a technologically advanced and interconnected economy.