Updated on March 06, 2025 05:28:50 PM
The Pharmaceutical Policy in Uttarakhand is formulated to boost and develop the existing pharma sector of the state. Pharmaceutical Policy in Uttarakhand introduces Innovation, Infrastructure development and Investment for manufacturing and Research environment. The Pharmaceutical Policy in Uttarakhand is intended to improve the competitiveness of and increase production of new capacity of the pharmaceutical industries for export of the health related products. The Pharmaceutical Policy in Uttarakhand is envisaged with the following objectives for setting up of companies for operating special economic zones for pharma industries, introduction of skill development schemes for enhancing capacity and incentives for Research and Development expenditure. The Pharmaceutical Policy in Uttarakhand is the move for making the state as a pharma city to build up and diversify the pharmaceuticals manufacturing industries in the country and for creation of employment.
The Pharmaceutical Policy in Uttarakhand is a state government plan for formulation and growth of the pharma sector in the state. The reasons to develop the Pharmaceutical Policy in Uttarakhand is to advance the general operating environment in the pharmacy manufacturing and research that state attained. There are some important factors of the Pharmaceutical policy in Uttarakhand such as Quality, innovation and sustainability that helps them to deliver services nationally and Internationally. If the government proceeds in marketing this state as a business place of this business then under the ‘Pharmaceutical policy in Uttarakhand there should be a planned and active affiliation with some players such as educational institutes, research bodies and other related players of the pharma business. The Pharmaceutical Policy in Uttarakhand initiative encourages new special development of genuine pharmaceutical regions besides facilitating funds for the pharmaceutical trade and enhancing the talents of people to enhance possibilities of the state in the pharmaceutical commercial field.
The Pharmaceutical Policy in Uttarakhand offers several benefits to enhance the pharmaceutical sector and stimulate economic growth in the state, including:
The Pharmaceutical Policy in Uttarakhand provides 6 incentive programs to support the growth of the pharmaceutical sector, which are categorized as follows:
Capital Subsidy
| Subsidy Rate | Subsidy Amount | Limitations |
|---|---|---|
| 15% | Max. Rs 30 lakhs | Only for large/mega units |
Interest Subsidy
| Subsidy Rate | Subsidy Amount | Limitations |
|---|---|---|
| 7% | Rs 50 lakhs | Capped at Rs 50 lakhs |
Financial Assistance
| Subsidy Rate | Subsidy Amount |
|---|---|
| 10% | Rs 1.5 Cr for hill districts; Rs 1 Cr for plains district |
Central Capital Investment
| Subsidy Rate | Subsidy Amount |
|---|---|
| 30% of investment in plant and machinery | Max. Rs 5 Cr |
Central Comprehensive Insurance Incentive
| Subsidy Rate | Subsidy Amount | Limitations |
|---|---|---|
| 100% insurance premium reimbursement | NA | For up to 5 years from commercial production/operation commencement |
Financial Assistance
| Subsidy Rate | Subsidy Amount | Limitations |
|---|---|---|
| 90% of project cost | Limited to Rs 1000 Cr | Max. assistance for one Bulk Drug Park |
The following are additional details related to the Pharmaceutical Policy in Uttarakhand for the pharmaceutical sector within the state:
| Region | Subsidy Type | Subsidy Rate | Subsidy Amount |
|---|---|---|---|
| Category A: Whole Districts of Pithoragarh, Uttarkashi, Chamoli, Champawat, Rudraprayag, Bageshwar | Interest Subsidy | 10% | Max Rs 8 lakhs |
| Capital Subsidy | 40% | Max Rs 40 lakhs | |
| Transport Subsidy | 7% | - | |
| Category B: Whole District of Almora; Hilly development blocks of Pauri Garhwal, Tehri Garhwal (Excluding B+ regions); Hilly development blocks of Nainital and Dehradun (Excluding B+ regions); Kotdwar, Sigaddi, adjoining plain regions of Dugadda block, Pauri Garhwal; Dhalwala, Muni Ki Reti, Tapovan, adjoining plain regions of Fakot block, Tehri Garhwal; Kotabagh block, Nainital; Plain regions of Kalsi block, Dehradun |
Interest Subsidy | 8% | Max Rs 6 lakhs |
| Capital Subsidy | 35% | Max Rs 35 lakhs | |
| Transport Subsidy | 5% | Max Rs 5 lakhs | |
| Category C: Regions above 650 meters in Raipur, Sahaspur, Vikasnagar, Doiwala blocks of Dehradun; Ramnagar, Haldwani blocks of Nainital | Interest Subsidy | 6% | Max Rs 4 lakhs |
| Capital Subsidy | 30% | Max Rs 30 lakhs | |
| Category D: Whole Districts of Haridwar, Udham Singh Nagar; Remaining areas of Dehradun, Nainital (not in categories B and C) | Interest Subsidy | 5% | Max Rs 3 lakhs |
| Capital Subsidy | 15% | Max Rs 15 lakhs |
The Pharmaceutical Policy in Uttarakhand is an initiative to develop the state to become a center of production and a place of research in the country. The features of Pharmaceutical Policy in Uttarakhand include improvement in the physical infrastructure, provision for future motivational financial incentives, and support to the culture of innovation in the field of pharmaceutical industries. The Pharmaceutical Policy in Uttarakhand emphasizes the pharmaceutical infrastructure and provides research and development facilities to enable it to possibly face competition from other pharmaceutical sectors of the country as well as internationally. The Pharmaceutical Policy in Uttarakhand is fully in proportion with all the intended objectives for the overall pharma trade in India in terms of quality, the desired cost structure, and the continuity of distribution networks. Therefore, the Pharmaceutical Policy in Uttarakhand increases the economy’s Gross Domestic product in returns, which in turn, generates jobs due to the central position of the state in the global pharmaceutical market.
At Professional Utilities, we leverage our industry knowledge and expertise to help businesses navigate complex regulations, minimize risks, and optimize operations for maximum efficiency and profitability.
.svg)
The Pharmaceutical Policy in Uttarakhand has the objectives of developing the infrastructure of the pharmaceutical industry in the state and facilitating investment, employment, support for exports and skill development.
The Pharmaceutical Policy in Uttarakhand is a formulated plan to improve the position in the pharmaceutical sector within Uttarakhand for infrastructure, innovation, investment.
The Pharmaceutical Policy in Uttarakhand has the objectives of enhancing investment in the sector for manufacturing of pharmaceutical products, research in the field, employment costs incurred and overall costs cut down.
The Pharmaceutical Policy in Uttarakhand offers all kinds of financial assistance and other incentives which includes Capital Subsidy, Interest Subsidy, Financial Assistance, Central Capital Investment, Central Comprehensive Insurance Incentive and Financial Assistance.
Speak Directly to our Expert Today
Reliable
Affordable
Assured
Call us on
+91 9821113117
[Mon - Sat, 10am - 7pm]
Write to us
8th Floor, Bhandari House - 91, 804,
Nehru Place, New Delhi 110019
Reliable
Affordable
Assurity
They've been very helpful in our registration with ICEGATE. It was a small thing with a small amount paid which somehow escalated to a very painful procedure. Never did they say "You've only paid so much. It's too much effort for us.".
Very pleased with their service. Prompt, professional and great communication. Definitely recommend. Special mention for Ms. Razia - she handled our case.
Professional Utilities is fully professional in their work, Rates are too low and genuine. Services and satisfaction are high so I highly recommended Professional Utilities.
They are one of the most genuine and reasonable people. I applied for lmpc certificate through them and they charged me a very nominal amount as compared to what other firms asked .
