KTR, Telangana IT Minister, inaugurated 20th BioAsia 2023 conclave at HICC, Hyderabad. He welcomed dignitaries from all over the world to participate in the event. KTR stated that by 2022 Telangana has reached a turnover of US$80 Billion in Life Sciences Industry and they have working with a target to hit US$100 Billion by 2030. He welcomed famous Pharma companies around the globe to invest for the advancement in biological and medical life science projects. KTR stated that Hyderabad is the leading manufacturer of medicines in Asia.
UK is delighted to be a country partner at #BioAsia2023 happening in #Hyderabad
Highlighted UK🇬🇧 expertise in health care and the importance of working together with India 🇮🇳 to ensure healthcare for all and tackling global health challenges. pic.twitter.com/Arcww2N4AX
— Gareth Wynn Owen (@UKinHyderabad) February 24, 2023
He further elaborated on Telangana State Policy to attract more investments in Life Science projects in future. KTR stated that Hyderabad has been able to attract Rs.25,000 crores worth investments in last seven years. He specified that more than 800 pharma and Bio-tech companies are in Hyderabad. KTR profoundly stated that one-thirds of vaccine manufacturing and 30% of National medical exports are coming from Hyderabad.
IT and Industries Minister @KTRBRS participated in the CEO Conclave panel discussion on ‘Future growth driver: What's next for India?’
The CEO Conclave is a satellite event organised during the ongoing 20th edition of BioAsia conference.#BioAsia2023 pic.twitter.com/kevXWcYU4B
— Minister for IT, Industries, MA & UD, Telangana (@MinisterKTR) February 24, 2023
KTR also said that more than 4 companies from Telangana are placed in Top-10 Pharma companies list of India. UK is acting collaborative Nation for this BioAsia 2023 conclave. Advancing for One shaping Next Generation Humanized Health Care is the motto of the conclave.
KTR further participated in CEO Conclave panel discussion on ‘Future growth driver: What’s next for India?’ The biggest news from the event is that Telangana Government and UNICEF have decided to establish Y-hub. It will be India’s first youth & adolescent focused innovation hub to foster innovation, design thinking & entrepreneurship among youth of the State.
IT & Industries Minister @KTRBRS speaking after inaugurating 20th edition of @BioAsiaOfficial in Hyderabad https://t.co/gYF41JHkYi
— Minister for IT, Industries, MA & UD, Telangana (@MinisterKTR) February 24, 2023
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