• Home
  • Politics
  • Sports
  • Trending
  • Entertainment
  • Book Reviews
  • Login
  • Register
Clever Read.
Advertisement
ADVERTISEMENT
No Result
View All Result
  • Home
  • Politics
  • Sports
  • Trending
  • Entertainment
  • Book Reviews
No Result
View All Result
Clever Read.
No Result
View All Result
Home Technology & Media

Telangana targets $250 Bn life sciences ecosystem by 2030-Minister KTR

Clever Read by Clever Read
February 24, 2023
in Technology & Media, Business, Politics
0
Telangana targets 0 Bn life sciences ecosystem by 2030-Minister KTR
14
SHARES
285
VIEWS

Telangana targets $250 Bn life sciences ecosystem by 2030-Minister KTR


Hyderabad, Feb 24 (PTI) Aiming to position Hyderabad as the “health-technology mecca” of the world, Telangana IT and Industries Minister K D Rama Rao said on Friday. 250 billion by 2030 from the current USD 80 billion.
Speaking at the 20th edition of BioAsia 2023, a three-day life science conference that began here today, KTR said the state is home to more than 1,000 global life science companies, including top 10 pharmaceutical companies on their innovation journey.
Ecosystem value has already touched USD 80 billion by 2022, indicating a phenomenal ecosystem value growth in Telangana, at a mind-boggling 23 percent compared to the national average of 14 percent in the last two years.
“We have a unique opportunity to change the future of the life sciences industry. We have to dream big. I think that by 2030, the value of the life sciences ecosystem will exceed $250 billion,” he said.
At the current pace, the previous target of $100 billion will be reached by 2025 itself, five years ahead of schedule, he added.
State-of-the-art infrastructure coupled with progressive policies and proactive performance of the government has not only distinguished Telangana as a progressive state, but has also enhanced its role and contribution to positive health outcomes nationally and globally. said.
According to him, this growth is evident from the fact that Telangana has attracted more than USD 3 billion in net new investment in the life sciences sector in the last seven years, creating a total of more than 4.5 lakh jobs.
Telangana contributes 40 percent of India’s pharmaceutical production and is home to more than 1,000 life science companies, including more than 200 FDA-approved drug manufacturing sites, producing both innovative and generic drugs.
Speaking to reporters earlier, KTR said the state government is awaiting court approval for land acquisition for its ambitious upcoming “Pharma City” project.
The Minister said that the first phase will be set up on 14,000 acres and the second phase on 5,000 acres.
According to him, Pharma City has the potential to attract $8 billion in investments and many companies have already expressed their desire to set up their facilities there.
Speaking at the opening session of BioAsia 2023, NITI Aayog member Dr VK Pal said that India’s vaccination program saved 3.4 million lives even as the vaccine sector delivered 258 million doses of vaccine, according to an estimate published in ‘The Lancet’. 101 countries through the bilateral program Maitri vaccine, with an additional 292 million doses through Kovacs.

Previous Post

This Nick Jonas And Daughter Malti Marie Moment From The Jonas Brothers’ Concert Has The Internet’s Heart

Next Post

World Sustainable Development Summit: Experts push for more climate finance

Clever Read

Clever Read

Related Posts

Adani Ports Shares Soar on Strong Q4 Results and Growth in Marine & Logistics Segments
Business

Adani Ports Shares Soar on Strong Q4 Results and Growth in Marine & Logistics Segments

by Clever Read
May 5, 2025
Ather Energy IPO Opens for Subscription: Key Details, Price Band, GMP, and Should You Invest?
Business

Ather Energy IPO Opens for Subscription: Key Details, Price Band, GMP, and Should You Invest?

by Clever Read
April 28, 2025
Parliament Clears Waqf Amendment Bill 2025 After Heated Debate; Rajya Sabha Passes with 128-95 Vote
Politics

Parliament Clears Waqf Amendment Bill 2025 After Heated Debate; Rajya Sabha Passes with 128-95 Vote

by Clever Read
April 4, 2025
Mamata Banerjee Faces Protests at Oxford: A Heated Exchange in London
Politics

Mamata Banerjee Faces Protests at Oxford: A Heated Exchange in London

by Clever Read
March 28, 2025
MK Stalin Slams Yogi Adityanath Over Language Row, Calls BJP ‘Rattled’
Politics

MK Stalin Slams Yogi Adityanath Over Language Row, Calls BJP ‘Rattled’

by Clever Read
March 27, 2025
Next Post
World Sustainable Development Summit: Experts push for more climate finance

World Sustainable Development Summit: Experts push for more climate finance

ADVERTISEMENT

Premium Content

Mini Book Launch of V U the Sun by Mr. Munish Pahwa at the World Delhi Book Fair 2025

Mini Book Launch of V U the Sun by Mr. Munish Pahwa at the World Delhi Book Fair 2025

February 4, 2025
Nifty indicated that India’s benchmark indices NSE Nifty 50 and BSE Sensex will start higher on Monda

Nifty indicated that India’s benchmark indices NSE Nifty 50 and BSE Sensex will start higher on Monda

October 31, 2022
Farah Khan cries and hugs Sajid Khan on Bigg Boss 16, says ‘mom is proud of you’: ‘Ek bhai chorke gayi thi, teen bhai

Farah Khan cries and hugs Sajid Khan on Bigg Boss 16, says ‘mom is proud of you’: ‘Ek bhai chorke gayi thi, teen bhai

January 9, 2023

Browse by Category

  • Accident
  • army
  • Astrology
  • Authors Interview
  • Book Fair
  • book launch events
  • Book Reviews
  • Business
  • coffee Table
  • Cooking
  • crime
  • defense
  • education
  • election
  • Entertainment
  • Fashion
  • Fiction & Literature
  • Food
  • Health
  • Hybrid publishing
  • indian army
  • Lifestyle
  • No Tobacco
  • Parenting & Children
  • Poetry
  • Politics
  • pr
  • rocket launch
  • Self Help
  • self publishing
  • Social media trends
  • Sports
  • startup
  • Technology & Media
  • Travel
  • Trending
  • Wildlife
  • World

Browse by Tags

#bestbookpublisher #bookdisplay #bookfair #booklaunch #bookreaders #BookRecommendation #BookReview #bookreviews #booksmantra #bookspublisher #cleveratNDWBF2024 #CleverReads #cricketnews #Cricket Team #hybridbookpublisher #NDWBF2024 #publisher #sciencefiction #selfbookpublisher authors book bookpublisher book publisher in india book review books Business children's book author Children book publisher in India self-publish cleverfoxpublishing cleverread Cricket cricket and sports crime education Hybrid Publishing-Clever Fox India Indian cricketer political news politician Politics self book publisher in India self publishing sports trending news trending story
Pakistan Urges India to Reconsider Indus Waters Treaty Suspension Amid Mounting Water Crisis
Trending

Pakistan Urges India to Reconsider Indus Waters Treaty Suspension Amid Mounting Water Crisis

by Clever Read
May 15, 2025
0

Indus Waters Treaty: In a significant diplomatic development, Pakistan has officially urged India to reconsider its recent decision to suspend...

Read more
PM Modi Debunks Pakistan’s Claims by Visiting S-400 at Adampur After Operation Sindoor

PM Modi Debunks Pakistan’s Claims by Visiting S-400 at Adampur After Operation Sindoor

May 14, 2025
Maharashtra SSC 10th Results 2025 Declared Today: Online Access from 1 PM at mahahsscboard.in

Maharashtra SSC 10th Results 2025 Declared Today: Online Access from 1 PM at mahahsscboard.in

May 13, 2025
I Want to Go Home: A Journey of Writing and Chanting Navkar Mantra (English language)

I Want to Go Home: A Journey of Writing and Chanting Navkar Mantra (English language)

May 12, 2025
CBSE Results 2025: Class 10, 12 Scores to Be Announced Soon on DigiLocker and Official Websites

CBSE Results 2025: Class 10, 12 Scores to Be Announced Soon on DigiLocker and Official Websites

May 12, 2025
Clever Read

Get the latest information on news, trending topics, books, and social media trending reels.

© 2022 Cleverread - Clever Fox Publishing.

No Result
View All Result
  • Home
  • Books
    • Book Reviews
    • Trending
    • Astrology
    • Business
    • Fiction & Literature
    • Parenting & Children
    • Self Help
    • Cooking
  • Entertainment
  • Social Media Trends
  • PR
  • Interviews
  • News
  • Contact us
  • About us

© 2022 Cleverread - Clever Fox Publishing.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?