Archive · 18 Nov 2025
Odisha's New Pharma Policy Offers Subsidies to Attract Investments
Odisha is trying to attract more pharmaceutical companies by offering big incentives like large capital investment subsidies and wage subsidies for workers.
They're also building new clusters for these companies to set up their factories.
The state wants to attract mid-sized companies that can invest up to Rs 500 crore.
Odisha Government introduces new Pharma - Medical Devices Policy
Policy offers up to 40% subsidy on capital investment with no upper cap
Incentives include wage subsidy for skilled workers, up to ₹12,500 per person
Two new pharma clusters to be launched in Bhubaneswar and Cuttack
Policy targets mid-sized companies investing up to Rs 500 crore
- Who
- Odisha Government
- What
- Introduced new Pharma - Medical Devices Policy with incentives
- When
- Policy to be launched in Pharma Conclave 2025
- Where
- Odisha, specifically in Bhubaneswar and Cuttack
- Why
- To attract pharmaceutical investments and develop manufacturing clusters
- Policy Name
- Pharma - Medical Devices Policy
- Maximum Capital Investment Subsidy
- 40%
- Maximum Wage Subsidy per Worker
- ₹12,500
- Targeted Investment Size
- Up to Rs 500 crore
- Number of New Pharma Clusters
- Two