Indian Drugs and Pharmaceuticals Limited (IDPL) is a

public sector The public sector, also called the state sector, is the part of the economy composed of both public services and public enterprises. Public sectors include the public goods and governmental services such as the military, law enforcement, infra ...

pharmaceutical, bulk drug manufacturing and drug discovery company owned by the

Indian government The Government of India (ISO 15919, ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the Government, national government of the Republic of India, a federal democracy lo ...

, headquartered in

New Delhi New Delhi (, , ''Naī Dillī'') is the capital of India and a part of the National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati Bhavan, Parliament House ...

, and located in

Hyderabad Hyderabad ( ; , ) is the capital and largest city of the Indian state of Telangana and the ''de jure'' capital of Andhra Pradesh. It occupies on the Deccan Plateau along the banks of the Musi River (India), Musi River, in the northern part ...

Gurgaon Gurgaon (pronunciation: �ʊɽɡãːw, officially named Gurugram (pronunciation: �ʊɾʊɡɾaːm, is a city located in the northern Indian state of Haryana. It is situated near the Delhi–Haryana border, about southwest of the nationa ...

and

Rishikesh Rishikesh, also spelt as Hrishikesh, is a city near Dehradun in Dehradun district of the Indian state Uttarakhand. It is situated on the right bank of the Ganges River and is a pilgrimage town for Hindus, with ancient sages and saints meditati ...

.: The company is involved in patent development alongside, National Institute of Pharmaceutical Education and Research to provide affordable drugs, and has recently released three over the counter drugs. A new formulation unit was inaugurated in Hyderabad in February 2017. Many attempts have been made to revive IDPL, declared sick by the Board for Industrial and Financial Reconstruction. The Government of India is exploring ways of strategically selling the unit and meet outstanding liabilities. On the 9th of February 2021, the

Government of India The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, c ...

announced the liquidation of IDPL.

References

Pharmaceutical companies of India Government-owned companies of India Industries in Hyderabad, India Pharmaceutical companies established in 1961 {{India-company-stub

See also

References