Top
Why Partner
- Strategic location: Indore is strategically located in central India and is well-connected through rail, road, and air transport, which provides easy access to major domestic and international markets
- Industrial connectivity: Pithampur and Dewas, two local economic zones and industrial clusters well connected to Indore, house a wide range of industries, including manufacturing, pharmaceuticals, automobiles, and textiles.
-
Competitive infrastructure: The industrial parks, special economic zones (SEZs) etc in Indore provide the necessary facilities, such as electricity, water, transportation, and logistics support, to pharmaceutical companies.
-
Talent pool: The city has a pool of skilled professionals, including scientists, researchers, pharmacists, and technicians, who are well-versed in the pharma industry.
- Government support: In Madhya Pradesh, the municipal and state governments have taken initiative to encourage investment in the pharma industry.
- Cost benefit: Compared to other major hubs, the lower cost of land acquisition, labor, and operational expenses in Indore can attract pharma companies.
- collaboration opportunities: Indore is home to several research institutes and centers of excellence. These institutes provide access to cutting-edge research, renowned researchers, advanced facilities, and a skilled workforce.
- Promising investment plans: The country's largest pharma association expects that the state is expected to attract Rs 4,000-Rs 4,500 crore investment from pharma industries in the next five years.
