What are the major measures to encourage production and capacity building in the pharmaceutical sector?

The major obstacle in the pharmaceutical sector is that we have lost our capacity to produce active pharmaceutical ingredient (API), 80 per cent of which is, at present, imported from one source that is China. That is strategically not correct. We recently had a brain storming, and have decided to come up with Bulk Drug Parks, and have already proposed a note on it. I think we require 2 – 3 Bulk Drug Parks in the country. We can use them to step up production of bulk drugs with the help of various incentives in areas such as tax, interest, power and infrastructure. The year 2015 – 2016 is being celebrated as Bulk Drug year. There is a report by the Katoch Committee and the Government is in a mood to accept the recommendations of this committee, within a very short time. I have also told the bulk drug associations that each month we will initiate a reform and move forward. We will not be celebrating the Bulk Drug year by holding seminars and symposiums, but by taking one new initiative to promote and expand the bulk drug industry every month in India.