News India Web
Agency News

Mits Healthcare’s M.K. Bhatia and Pharma Leaders Advocate for SEZ Status in Panchkula

Panchkula – Key leaders from Panchkula’s pharmaceutical sector gathered today at Mits Healthcare to advocate for Special Economic Zone (SEZ) status for the region, a move they believe will catalyze growth and attract substantial investments into the pharma industry, a symbolic mammoth syringe was created on the occasion.

M.K. Bhatia, a prominent figure in the industry, was appointed Senior Vice President of the newly formed Pharma Association. 

Bhatia, who gained widespread recognition last year for gifting 12 cars to his colleagues during Diwali, is reportedly planning similar giveaways this year. 

He emphasized that SEZ status would greatly benefit the pharmaceutical industry, offering:

– *Tax relief and lower tariffs* to attract businesses

– *Improved infrastructure* for transport, power, and communications

– *Streamlined drug approval processes* to accelerate market entry

– *Increased government support* for research and development

Bhatia and fellow industry leaders believe that SEZ designation would transform Panchkula into a key pharmaceutical hub.

Related posts

President Murmu Receives First Print of Biographical Film “Maha Mahim Didiji”

cradmin

State Making Rapid Progress in Technology Sector: KEONICS President Sharath Bachchegowda

cradmin

DK Detective Agency Pune Celebrates Silver Jubilee, Marks 25 Years of Excellence in Investigation

cradmin