The 22nd edition of BioAsia 2025, Asia’s largest life sciences and healthcare conference, themed ‘Catalysts of Change – Expanding Global Healthcare Frontiers, Transforming Healthcare with Innovation, Collaboration and Progress’ was inaugurated by A Revanth Reddy, Chief Minister of Telangana; Dr Jeannette Young, Governor of Queensland, and D Sridhar Babu, Minister for Industries and Commerce, Government of Telangana along with other dignitaries, on 25th February.
Pharma MoUs were signed for the Green Pharma City, a flagship initiative of the Government of Telangana during the event. Already 6 pharma companies have signed MoUs with the government of Telangana with 11 more companies joining the initiative, as MoUs were signed with Granules, Orbicular, Aizant, Biological E, Virchow, Virupaksha, Jubilant, Vimta, Aragen, Bharat Biotech and Sai Life Sciences, bringing an investment of Rs 5445 crore, and creating 9800 new jobs.
With these commitments, the total investment in Green Pharma City now stands at Rs 11,100 crore, with employment opportunities exceeding 22,300.
A Revanth Reddy, Chief Minister of Telangana said, “We will develop Hyderabad and Telangana into one of the largest ecosystems for biosciences, biotech and life sciences innovation, R&D, manufacturing, skill development, and investment. We already have 160 Km outer ring road (ORR) and we are building a Regional Ring Road (RRR) of 360 Km outside the core urban area along with a network of radial roads connecting the two ring roads with radial roads and creating manufacturing hubs for pharma, EV’s data centres, green energy, seed manufacturing, agri-processing and other sectors. We are developing 10 pharma Villages between ORR and RRR which will generate over 5 lakh jobs. The Green Pharma city is also a key initiative under the Future City Project and is progressing rapidly. We have already signed 6 MoUs and signing another 11 MoUs today creating more jobs for the youth. We are all set to launch a new Life Sciences Policy which will chart a bold new growth trajectory for the sector. With this we will enter new domains such as cell and gene therapy, genomics, biologics, precision medicine, peptides, digital innovation, advanced R&D and complex manufacturing.”
Sridhar Babu, Minister for Industries and Commerce, Government of Telangana, said, “We have witnessed several global life sciences companies open operations in the city and have created more than 51,000 direct jobs and 1,50,000 indirect jobs over here. We have inaugurated the Amgen’s largest innovation centre yesterday along with Miltenyi, cutting edge cell and gene therapy centre yesterday. As we look to the future, our focus remains steadfast on skilling and workforce development. We have established a skills university Young India Skills University which will focus covering this gap. A key pillar in this mission is to establish a life sciences university which is progressing rapidly to equip Hyderabad workforce with industry relevant expertise. By collaborating closely with GCC Hyderabad we are designing a specialised curriculum in science and technology ensuring our talent remains globally competitive and Future ready. I am delighted to share the first batch of the chemistry skill programme successfully concluded this month. We are determined to insert Telangana into the global Pharma supply chain as a key player in terms of Bulk drug and also in generic pharma and be a world leader in the life sciences space.”
