Drive for biotech investment in Odisha held

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The Science and Technology Department of the Government of Odisha organised a roadshow in Hyderabad on Wednesday for attracting private industries.

Department Secretary Nikunja Dhal gave a detailed presentations on the tremendous opportunities for biotechnology industry in the State.

He spoke on the friendly investment environment in the State and support for speedy establishment of businesses. He highlighted the investment requirements in the area of healthcare, agriculture, value addition, marine and aquatic biotechnology, diagnostic and food processing, etc.

Bharat Biotech chairman Dr Krishna Ela spoke on the development in establishing a Biotechnology Park in Bhubaneswar in partnership with the State Government which has made significant progress and said that a number of business modules and incubation centres are planned which the investors could utilise.

Institute of Life Sciences, Bhubaneswar Director Dr Ajay Parida mentioned that Bhubaneswar offers tremendous opportunities with a large number of nationally reputed institutions which would be of great support to the private investors as knowledge providers, human resources requirement and research partnership for need-based product development.

Dr Mrutyunjay Suar of the KIIT University said that this road show would foster an ecosystem of entrepreneurship and startup ventures. More than 25 biotechnology companies of Hyderabad participated in the event.

The road show was organised in partnership with the FICCI. Department Additional Secretary Rasid Khan and Joint Director Dr Pushpashree Puhan also spoke on the occasion.

Daily Pioneer
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