Telangana Aims for Hyderabad to Lead Life Sciences Hub with Biopharma SHAKTI Boost

M
Moneycontrol•18-02-2026, 16:54
Telangana Aims for Hyderabad to Lead Life Sciences Hub with Biopharma SHAKTI Boost
- •Telangana targets Hyderabad as a premier life sciences hub, leveraging the Centre's Biopharma SHAKTI initiative.
- •The state contributes nearly 35% of India's pharmaceutical production and hosts over 2,000 life sciences companies.
- •Telangana's 'Next-Gen Life Sciences Policy 2026-2030' aligns with Biopharma SHAKTI, focusing on biologics and biosimilars.
- •Chief Minister A Revanth Reddy inaugurated BioAsia 2026, inviting biopharma companies to establish Global Capability Centres (GCCs) in Hyderabad.
- •The Centre allocated Rs 10,000 crore for Biopharma SHAKTI to position India as a global biopharma manufacturing hub.
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