Post Date : May 24, 2019
Hyderabad has a strong hold on the pharmaceuticals and biotechnology industry. Manufacturing is turning out to be expensive and the logistics sector is in its full bloom.
The Telangana State Government has included logistics among the core sectors in its industrial policy. With the creation of Pharma City, Hyderabad will emerge as the logistics hub for life-sciences as well as other industries in the near future, as said by K T Rama Rao who is the working president of Telangana Rashtra Samithi (TRS).
The Hyderabad Pharma City is to be developed in 19,000 acres which will strengthen not only the pharmaceuticals industry but also the associated industries such as cosmetics and medicine. This will altogether create more jobs in the state.
At an event of Mumbai-based logistics company, Odyssey Logistics, which completed its two years of operations in Hyderabad, KTR said,
“One-third of global human vaccines are produced in India, that too, in Hyderabad. That is the kind of skill base that we have here. The future is bright for logistics in general and pharmaceutical logistics in particular. For pharma, biotech and medical devices, logistics is going to be a key. Telangana government is also laying emphasis on providing logistics for other growth sectors such as textiles and garments.”– KT Rama Rao, Working President, Telangana Rashtra Samiti
As per the TRS, the highway network sanctioned for the state, in the last five years has gone up to over 2,800 km, compared to 2,600 km network that was sanctioned between 1952 and 2014. The outer ring road (ORR) has also been a huge support in the expansion of logistics for the State.
The Chief Minister has set a target of creating a larger circle of 330 km of length around the ORR. This is going to make efficient value addition to both Hyderabad and Telangana. This will certainly help in cargo movement.
The Metropolitan Development Authority of Hyderabad is also developing two logistics parks, also six more are planned and yet to happen around the outer ring road. Hyderabad being a land-locked state, the rivers flowing within the state can be used for inland water transportation. The industries department is also looking forward to introducing a dry port which will provide custom clearances for the exporters.
For a long time, China and other South East Asian countries have dominated manufacturing in the past. India will probably take charge now, and cater to the global markets worldwide and make its mark strengthening its global hold on the logistics industry.