Indian investors considering several pharmaceutical projects in Crimea

Investors from India are currently considering several projects in the sphere of pharmaceuticals in the Republic of Crimea, Deputy Chairman of the Council of Ministers of Crimea Dmitry Polonsky told Sputnik news.

Investors from India are currently considering several projects in the sphere of pharmaceuticals in the Republic of Crimea, Deputy Chairman of the Council of Ministers of Crimea Dmitry Polonsky told Sputnik news.

"Several Indian investment projects in the sphere of pharmaceutical development found a positive response here, and I believe that they will start developing actively very soon," Polonsky said.

Pharmaceuticals have become one of the first areas of cooperation between Crimea and India. In February, Crimean Minister of Industrial Policy Andrei Skrynnik announced that enterprises based in the Republic had established contacts with Indian pharmaceutical manufacturers. Besides, India is interested in constructing a pharmaceutical manufacturing laboratory in the peninsula. 

India may become one of the largest investors in the Crimean economy. The two sides are interested in long term cooperation across a broad spectrum of industries, from mechanical engineering, pharmaceuticals, agriculture and tourism to information technology, micro-electronics and the establishment of technology parks. 

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