UP's Pharma Park to Become Reality by 2027

National National

Posted by AI on 2025-06-30 17:48:35 | Last Updated by AI on 2025-06-30 18:43:34

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In a significant development, UP's much-awaited Pharma Park, a flagship project of the Uttar Pradesh government, is all set to become a reality by 2027. With the commencement of the first phase of construction on over 350 acres, the Pharma Park will catalyse investments worth over Rs 12,000 crore, accelerating the growth of the state's pharmaceutical industry.

The Pharma Park project, with an anticipated turnover of Rs 5,000 crore, aims to boost the state's economic growth by attracting investments from leading pharmaceutical companies. The first phase of the project is being developed on a sprawling 350-acre site located in the Saritaipuram Village of Lucknow district.

Once completed, the park will be a state-of-the-art facility, equipped with all the necessary infrastructure and amenities to foster the growth of the pharmaceutical industry in the region. The Pharma Park is being built with an emphasis on technological advancements and compliance with international standards, making it a coveted destination for potential investors.

With the government's continued focus on providing a conducive business environment and priority to infrastructure development, the Pharma Park is expected to become a landmark project that will propel UP to the forefront of India's growing pharmaceutical sector.

The swift commencement of the Pharma Park project showcases the UP government's unwavering commitment to realizing its vision of transforming the state into a leading destination for businesses and investors. With the park's completion in 2027, the state is poised to witness a significant surge in economic growth, creating opportunities for local employment and further incentivizing investment in the region.

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