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Goa accounts for 12% of drug manufacturing in India: CM
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SME Times News Bureau | 21 Sep, 2021
The pharmaceutical industry in Goa accounts for 12 per cent of all
medicines manufactured in the country, Chief Minister Pramod Sawant said
on Tuesday, while also rooting for development of Goa as a model hub
for export in the country.
"Pharmaceutical industry in Goa
produces 12 per cent of the total medicine manufactured in India. Around
70 per cent of the product is exported to the most developed countries
in the world," Sawant told a government function in Panaji organised to
promote industrial trade in the state.
"We all share a goal. The
goal is to enhance Goa's export potential by finding new opportunities
and entering the new markets. As we are the smallest state in India, we
are facing unique developmental challenges due to our small population
and limited natural resources, like availability of land. Therefore we
all must work shoulder to shoulder to make Goa as an export hub, a model
export state for the rest of the country," the Chief Minister also
said.
Sawant said that obtaining Geographical Index (GI) tagging
for indigenous products would also help increase the synergy between
local entrepreneurs and those involved in traditional occupations.
"Our
government is working to get geo-tagging for more Goan products. The GI
tagging will help Goan entrepreneurs to involve traditional businesses,
such as manufacturing of feni, khaje (traditional jaggery coated
snacks) as well as farmers producing the kola chilli (and provide
intellectual property rights for the products)," the Chief Minister
said.
"We have moved from the 7th position in the SDG
(countrywide ranking) to the fourth position in 2020. The state is
coming up with common processing clusters for paddy, vegetable, food
processing, fruit, coir, chilli and jaggery," Sawant also said.
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