Bhubaneswar : In a major industrial push, Odisha has rolled out a comprehensive Pharma-Medical Devices Policy offering a 30% capital investment subsidy on plant and machinery, 100% stamp duty exemption on concessional industrial land, a Rs 2-per-unit power subsidy, full reimbursement of electricity duty, and wage incentives of Rs 15,000 per month for women and Rs 12,500 per month for men for five years, alongside ESI/EPF reimbursement, while announcing the Pharma Conclave 2025 on December 16 in Bhubaneswar to draw investors, an effort aimed at transforming what officials acknowledge has been a "limited presence" of pharma and med-tech manufacturing in the state.

To support this transition, the government has established the Odisha Pharmaceutical Development Cell (OPDC) to coordinate poli

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