Date: 18-Oct-2019

TS govt stresses on making Hyderabad the global hub for ‘Life Sciences Industries

The state government of Telangana has stressed on making Hyderabad as a sustainable global hub for ‘Life Sciences Industries’ in India. Revealing this, the State Industries and Information Technology minister K. Taraka Rama Rao said that with Hyderabad having all the logistics and a strong industrial base, the state government is looking to further improve the infrastructure facilities on par with international standards in the Genome Valley and Pharma City in the state and make the city of Hyderabad into a global hub for life sciences in India. “Already the city of Hyderabad which is having a strong base for the bulk drug and formulation manufacturing industries has gained its name as bulk drug capital of India. Now the turn has come to make this bustling business city into a global ‘Life Sciences Hub,’ emphasised Rao, while taking part in a programme to unveil a logo, theme and a new website for the 17th edition of BioAsia 2020 in Hyderabad. The minister stressed that BioAsia is an annual flagship international healthcare and technology convention of government of Telangana organised in partnership with the central government. “Since past more than 17 years now BioAsia has emerged as a global brand witnessing participation of the who’s who of the global life sciences and healthcare sector. BioAsia has been instrumental in Hyderabad’s journey to becoming the life sciences capital of the country. We are committed to magnifying the scale of the event to great heights,” said the Minister.