CII Puducherry to explore setting up of pharma R&D facilities in UT

Puducherry, July 22 (KNN) The Confederation of Indian Industry will assist the Puducherry administration in achieving economic growth in the Union Territory, CII chairman Southern Region, Kamal Bali said on Friday.

During an interaction with the media, Bali said that the association is exploring  to set up research and development (R&D) facilities in pharma sector, promotion of tourism activities and making the territory a global educational hub.

“ We will prepare a road map that will help assist the Puducherry administration to frame policies for promotion of tourism and industrial activity,” he said.

As per reports, CII will prepare a report to assist the government in achieving economic growth.

The traders association during a meeting with Chief Minister N. Rangasamy on Thursday had suggested setting up of a joint consultative forum like the one existing in States like Kerala. 

The forum would consist of senior government officials, CII members and other stakeholders of industry. It could meet regularly to discuss issues and ways to promote industrial climate.

“We will be meeting the Chief Minister and others once the report is ready. The government is very positive towards taking up decisions that will help promote industrial activity,” he added.  (KNN Bureau)