Lifesciences and Pharma Telangana

Telangana is the youngest state in India, that came into being in June 2014 and within a short span, the state has made rapid progress in economic and infrastructure growth. Progressive business policies has enabled Telangana to achieve top-rank consistently in the Ease of Doing Business Rankings (brought out jointly by Government of India and the World Bank) and has become the go-to destination for some of the best marquee names which include Apple, Google, Microsoft, Facebook, Amazon, Uber, Salesforce, DBS, IKEA, Boeing, Rafale, GE, P&G, Mahindra and Mahindra, Qualcomm, etc. With more than 800 life sciences companies with a combined valued of USD 50 Bn, the capital city of Hyderabad has emerged as a large life sciences hub in Asia. Hyderabad contributes one-third of global vaccine production and around 30% of India's annual drug exports. Hyderabad has a rich mix of global majors like Novartis, Johnson & Johnson, GSK, Sanofi, Mylan, Nektar Therapeutics, Lonza, Ferring Pharmaceuticals, Dupont, Chemo, AMRI, etc and is also home to a number of Indian multinationals including Dr. Reddy’s, Aurobindo, Hetero Drugs, MSN Labs, Bharat Biotech, Biological E, Indian Immunologicals, Syngene, Laurus Labs, among others. World-class infrastructure, progressive policies, cluster approach and availability of talent creates an enviable and unique identity for Telangana, which continues to attract major global and Indian Life Sciences companies to the State. State Government continues to attach high priority to the Life Sciences Sector and has envisaged a vision of doubling the size of Lifesciences ecosystem in Telangana to US$ 100 billion in next 10 years while generating employment for 400,000 people. Our endeavour is to 'Enable' and 'Encourage' : 'Enable' through providing world-class infrastructure and 'Encourage' through pro-active Government policies and hassle-free operating environment.

Website

https://tsiic.telangana.gov.in/

External link for Lifesciences and Pharma Telangana

Industry

Pharmaceutical Manufacturing

Company size

10,001+ employees

Headquarters

Hyderabad, Telangana

Type

Government Agency

Founded

2014