Telangana has registered 200 per cent growth in investments in the life sciences sector over the previous year, State Minister for Industries and Commerce K. T. Rama Rao said on Thursday.
The state attracted investments worth more than Rs 6,400 crore from about 215 companies creating additional employment for more than 34,000 people in the last one year. This clearly underscores the growing role and impact of Hyderabad’s life sciences ecosystem and the state’s endeavour to ensure required support to the sector, the minister said while inaugurating BioAsia 2022.
The 19th edition of BioAsia, Asia’s largest annual global biotechnology and life sciences convention, is being addressed by prominent global leaders from the life sciences and healthcare industry. AGENCIES