A web portal for life sciences sector, seeking to serve as an interface between government, industries, research institutions and start-ups, was unveiled on Tuesday by Industries and IT Minister K.T. Rama Rao.
An official release on the launch said Telangana, which has emerged as the pharma capital of India, set out an ambitious vision for the sector. By leveraging the existing strengths, the government proposed to create four lakh jobs with an investment of $ 100 billion over the next 10 years.
As a step in this direction, the State government has embarked on a mission to profile life sciences companies, institutions and start-ups to deepen the current understanding on the baseline of resources, capabilities in the State. This is expected to aid in the government in chalking policies specific to current industrial base.
Where to login?
Industry, academia and start-ups can access the portal at http://tsiic.telangana.gov.in/ or http://www.lsprofiling.telangana.gov.in/, the release said.
The initiative is also expected to break the silos and enhance interaction between various sector stakeholders, through more industry-academia partnerships, increased awareness of services being offered by companies and access to infrastructure facilities. Focus would be on stakeholders in the areas of pharmaceuticals, biotechnology, medical devices, and health technology, including research and development, manufacturing and allied services.
The Minister Rao said: “I believe this effort will help in mapping competencies and in bringing out tailor-made policy more relevant to the stakeholders; undertake skilling initiatives based on the demand of skilled workforce and aligning support from the State government; to help industries find investors, business partners; and most importantly, create a network for sharing information on various initiatives of the Government.
Industries Secretary Jayesh Ranjan said there were more than 800 pharma, biotech units in various parts of Hyderabad with an estimated turnover of about $ 13 billion.
“With better understanding of our life sciences ecosystem, we would undertake more strategic initiatives to help the companies, start-ups, incubators and institutions present in the State”.
