Telangana Chief Minister A.Revanth Reddy, IT and Industries Minister D. Sridhar Babu at the inauguration of BioAsia 2025, at HICC in Hyderabad on Tuesday (February 25, 2025)
| Photo Credit: RAMAKRISHNA G
Telangana Chief Minister A.Revanth Reddy reiterated the State government’s commitment to develop Hyderabad into one of the world’s best and largest ecosystems to support the growth of Life Sciences sector with an emphasis on promoting innovation, research and development and investments.
Telangana will get a dry port: CM
The Chief Minister, who inaugurated BioAsia 2025 in Hyderabad on Tuesday (February 25, 2025) , said this announcing that the State will come up with a one of its kind Life Sciences policy. As a measure aimed at enhancing connectivity, the landlocked Telangana will get a dry port with a dedicated rail, road linking it to a seaport in neighbouring Andhra Pradesh, he said.
Telangana Chief Minister A.Revanth Reddy, IT and Industries Minister D. Sridhar Babu, and delegates participate in Inauguration of Bio Asia 2025, at HICC in Hyderabad on Tuesday (February 25, 2025)
| Photo Credit:
RAMAKRISHNA G
Telangana to enter new domains with Life Sciences policy
The proposed Life Sciences policy will chart a bold new growth trajectory for the sector. With this, the State seeks to enter new domains such as cell and gene therapy, genomics, biologics and precision medicine, peptides, digital innovation, advanced R&D and complex manufacturing.
Pharma villages between ORR and RRR
Noting that he was keen on sharing his vision for the Life Sciences sector, Mr. Reddy said “we are developing pharma villages between the existing Outer Ring Road (ORR) and the proposed Regional Ring Road (RRR) …. hope to generate 5 lakh new jobs.”
The Green Pharmacy City the State government has conceived as a part of the proposed Future City projectnear Hyderabad, is “progressing rapidly.” Some of the biggest pharmaceutical companies have signed up to set up facilities there, he told the well-attended inaugural session of the two-day event dedicated to Life Sciences and 22nd in the annual series.
The plan is to develop the area beyond the core urban limits of Hyderabad into “one of the worlds largest manufacturing hubs. I want to make it my offer to the world for its China plus one strategy,” he said, also reiterating the plan to transform the State into into $1 trillion economy.
Genome Valley Excellence Award
Bio Asia will help position India as an important player globally in shaping the future of healthcare, the Chief Minister said. The Genome Valley Excellence Award, which is an integral component of BioAsia, was presented to Patrick Tan, executive director, PRECISE (Precision Health Research, Singapore), National University of Singapore, for his work in the fields of precision medicine, cancer genomics and population health research.
Industries and IT Minister D. Sridhar Babu, Governor of Queensland Jeannette Young, industry leaders and senior government officials were among those who addressed the inaugural session.
Published – February 25, 2025 02:03 pm IST
