Having approved layout designs for 185 companies, the Gujarat Food and Drug Control Administration (FDCA) has got proposals of big ticket investments from a total 250 pharmaceutical companies including MNCs of worth Rs. 3,703.61 crore as part of 9th Vibrant Gujarat (VG) Summit -2019 to be held from 18 to 22 this month. It will also translate into total direct employment to an estimated more than 13,000 people. There was an investment of Rs. 2,558 crore in VG Summit 2015 and an investment of Rs. 2,438.51 crore in VG Summit 2017. VG Summit was conceptualized in 2003 by the then Chief Minister of Gujarat Narendra Modi to re-establish Gujarat as a preferred investment destination within India. This comes at a time, when Gujarat government is also awaiting a favourable policy on bulk drugs and medical devices as the Centre is mulling over to frame an exclusive policy on the same. Today, the summit has evolved in...