NewKerala.com

Key Points

Chief Minister Revanth Reddy proudly declared Telangana as India's premier life sciences hub during the Biodesign Innovation Summit. He highlighted Hyderabad's remarkable transition from manufacturing to innovation in biotechnology, pharmaceuticals, and medical technology sectors. The state has established India's largest dedicated Medical Devices Park at Sultanpur, already hosting over 60 global and domestic companies. Reddy emphasized the government's commitment to supporting indigenous innovation while ensuring data privacy and connecting innovators with academic institutions and industry partners.

Key Points: Revanth Reddy Says Telangana is India's Life Sciences Hub

  • Telangana established India's largest Medical Devices Park at Sultanpur
  • State government offers end-to-end support for medical innovation
  • Hyderabad excels in biotech, pharma, and medical technology sectors
  • CM aims for $1 trillion economy by 2034 through life sciences growth
2 min read

Telangana is a hub for life sciences, says CM Revanth Reddy

Telangana CM Revanth Reddy announces state is India's life sciences hub, highlighting Hyderabad's leadership in biotech, pharma, and MedTech innovation.

"For many years, our best minds were solving problems of other countries. Time has now come when we must use our intelligence for helping our people. - CM Revanth Reddy"

Hyderabad, Aug 24

Telangana Chief Minister A. Revanth Reddy said on Sunday that the state has emerged as the hub for life sciences and that he is proud to see Hyderabad leading in biotechnology, pharmaceuticals and medical technology sectors.

Addressing Biodesign Innovation Summit held here, he said Hyderabad rose from manufacturing to innovation in biotech, pharma and MedTech.

He assured end-to-end support for innovation in medical products using BioDesign, with the state government being a proactive partner.

Highlighting that Telangana is now a hub for India’s life sciences, he said medical devices and technology are crucial for the state. The state saw investments in diagnostic devices, imaging technologies, implants, surgical equipment and digital health solutions.

The Chief Minister said that Telangana established India’s largest dedicated Medical Devices Park at Sultanpur with more than 60 global and domestic companies already operating. It has the best infrastructure for research, prototyping, testing and manufacturing, he added.

Commending local startups, MSMEs and companies for the good work, the Chief Minister said this ecosystem makes Hyderabad a unique vibrant destination.

The Chief Minister said Hyderabad has a synergy of excellent academic institutions, skill development and industry partnerships, and as a result has a great workforce. Advocating for indigenous innovation to solve India's medical needs, he added that innovators and researchers will have access to Telangana's historical medical data, while strictly following data privacy.

“We will connect you to academic institutions, research, innovation bodies, the Young India Skills University and corporations,” he explained.

"For many years, our best minds were solving problems of other countries. It is a good thing. Time has now come when we must use our intelligence for helping our people,” he added.

He noted that BioDesign is a methodology that aims at solving unmet clinical needs into practical healthcare solutions, by not just innovating for creating devices but also validating the solutions clinically, and scaling through manufacturing.

Stating that Telangana is truly rising, the Chief Minister said the State was on track to become a $1 Trillion economy by 2034 and a $3 Trillion economy by 2047.

- IANS

Share this article:

Reader Comments

R
Rohit P
Great to see focus on indigenous innovation. For too long we've been dependent on imported medical devices. Hope this leads to affordable healthcare solutions for common people.
A
Arjun K
The Medical Devices Park at Sultanpur is a game-changer! Already 60+ companies operating shows the confidence investors have in Telangana. Hope other states learn from this model.
S
Sarah B
While the vision is impressive, I hope the government ensures that data privacy protocols are strictly followed when sharing medical data with researchers. Privacy should not be compromised.
V
Vikram M
CM is right - our best minds should solve India's problems first. The synergy between academia, industry and government is what makes Hyderabad special. More power to our innovators! 💪
K
Karthik V
$1 trillion economy by 2034 seems ambitious but achievable if we maintain this growth trajectory. The life sciences sector will be a major contributor. Good times ahead for Telangana!
A
Ananya R
Hope this creates more job opportunities for biotechnology graduates. The focus on skill development through Young India Skills University is much needed. Education should align with industry needs.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50