Biotech sector remains a priority for government

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Special Chief Secretary for Special Projects and Investment Cell successful  the Chief Minister’s Office Jayesh Ranjan astatine  the inauguration of TechX Startup Innovation Showcase successful  Hyderabad connected  Monday.

Special Chief Secretary for Special Projects and Investment Cell successful the Chief Minister’s Office Jayesh Ranjan astatine the inauguration of TechX Startup Innovation Showcase successful Hyderabad connected Monday. | Photo Credit: Arrangement

Biotechnology assemblage and its maturation continues to beryllium a strategical precedence for the Telangana government, a elder authoritative said present connected Monday.

Underscoring value of the sector, the enactment and value of promoting its growth, Special Chief Secretary for Special Projects and Investment Cell successful the Chief Minister’s Office Jayesh Ranjan said biotechnology played a cardinal relation successful advancing healthcare. Over time, it has taken steadfast roots successful the State, helium said.

Speaking astatine the inauguration of TechX Startup Innovation Showcase, organised arsenic portion of the International Knowledge Millennium Conference (IKMC 2025), the elder authoritative besides stressed connected promoting probe successful a large mode successful the country. Science parkland and incubator IKP Knowledge Park, which is down IKMC, has been astatine the forefront of advancing the assemblage for implicit 25 years, helium said.

The showcase reflects IKP’s committedness to empower startups with funding, visibility and collaboration opportunities frankincense enabling them to standard innovations that tin make planetary impact, helium said.

In a release, IKP said IKMC 2025 is 19th variation successful yearly series. The showcase is featuring 150 innovators and start-ups demonstrating breakthrough technologies and market-ready solutions. IKP besides announced investments — up to ₹1 crore successful Progen Foods done IKP Future Forward Fund and ₹5 lakh assistance each nether IKP Future Stars Awards to 5 startups — Subtlebotic; Vasudeva Innovations, Algaevity, Evoxia Labs India and GVA Health Tech.

Published - October 27, 2025 07:17 p.m. IST

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