www.fdanews.com/articles/72914-500-drug-manufacturers-shifting-base-to-northern-states
500 Drug Manufacturers Shifting Base to Northern States
June 2, 2005
Baddi in Himachal Pradesh is on way to become the new pharma capital of India. Close to 500 drug units from Maharashtra, Gujarat and Andhra Pradesh (their traditional base) are moving their production units, catering to the domestic market, to the tax-free zones in Himachal Pradesh, Uttaranchal and Jammu & Kashmir. Industry analysts estimate that 200-odd large and medium units from these states have already moved to Baddi in Himachal Pradesh since 2004.
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