Overview

• At a board meeting chaired by Industries and IT Minister D. Sridhar Babu, officials reviewed a draft policy and upgrade plans for Genome Valley and Medtech Park.
• Since December 2023, Telangana reports ₹54,000 crore in sector investments spanning pharmaceuticals, biotechnology, medical devices, vaccines and digital health.
• The ecosystem is valued at about $80 billion with more than 250 USFDA‑approved sites and over 2,000 companies, and Hyderabad is cited as one of the world’s top seven life sciences clusters.
• The government projects more than two lakh potential jobs from recent commitments and restates a goal to scale the life sciences economy to $250 billion by 2030.
• The board proposed developing a Telangana School of Life Sciences, and officials highlighted global firms such as Eli Lilly, Amgen, MSD, Zoetis, Evernorth and Olympus choosing Hyderabad as a hub.