Chandigarh, June 29, 2026: The Haryana government has launched a new Pharmaceutical and Medical Devices Manufacturing Policy. The aim is to attract ₹10,000 crore in investment over the next five years. The government also wants to make Haryana a major centre for pharmaceutical and medical device manufacturing.
The policy offers several benefits to investors. These include financial incentives, better infrastructure, faster approvals, and support for setting up new factories. As a result, the government expects more Indian and international companies to invest in the state.
Another major goal of the policy is job creation. Officials estimate that the project will generate around 20,000 direct and indirect jobs. Employment opportunities are expected in pharmaceutical manufacturing, medical devices, logistics, packaging, research, quality testing, and healthcare technology. Young professionals, engineers, technicians, and researchers are likely to benefit the most.
The government also plans to build dedicated pharma and medical device parks. These industrial parks will have modern infrastructure, testing laboratories, warehouses, transport facilities, and common research centres. Therefore, companies will be able to reduce production costs and improve efficiency.
In addition, the policy supports the Central Government’s Make in India programme. It encourages companies to manufacture products within the country instead of depending on imports. This move is expected to strengthen India’s healthcare supply chain and improve export opportunities.
Industry experts have welcomed the decision. They say Haryana has several advantages, including its location near the National Capital Region (NCR), excellent road and rail connectivity, and a skilled workforce. These strengths could attract more investments from healthcare companies.
The policy also encourages innovation and sustainable manufacturing. Companies that invest in research, advanced technology, green manufacturing, and high-quality healthcare products may receive extra incentives from the government.
Overall, the new policy is a major step towards strengthening Haryana’s healthcare manufacturing sector. If implemented successfully, it could attract fresh investment, create thousands of jobs, increase exports, and support the state’s long-term economic growth.
Leave a Reply