It is a well known name, if Bangalore is the Silicon Valley, Hyderabad is the Genome Valley. India’s future is in biotechnology,” Andhra Pradesh Chief Minister Dr Y S Rajasekhara Reddy is excited as he makes a presentation on the biotech boom that is taking place in Hyderabad.
Genome Valley is India’s first state-of-the-art biotech hub that provides research, training, collaboration and manufacturing activities for biotech companies. It is spread over 600 square kilometers. More than 100 biotech companies are operating out of the Genome Valley today.
“Yes, Hyderabad has already become India’s biotech hub. It is our Genome Valley as several leading scientific research organizations and biotech companies are functioning from here,” says Deepanwita Chattopadhyaya, Chief Executive Officer, ICICI Knowledge Park in Hyderabad.
The Park is situated in an aesthetically landscaped lush green 200-acre campus in Turkapally, near Hyderabad. It offers plots of land — of varying sizes — to build research centres and pilot plants as per specific requirements of resident companies.
The Knowledge Park says India’s future is in the Genome Valley. It provides the statistics to prove the point:
- India has more than three million scientific and technical manpower; India has over 0.6 million science and technology post graduates.
- India has some 700,000 graduate engineers; the country gives over 3,500 doctorates in sciences every year.
- After the United States, India is home to the largest pool of English-speaking scientific manpower.
- Nearly 40 per cent of the start-ups in Silicon Valley in the US were from Indians.
- One out of every ten scientists in the US is an Indian.
Genome Valley is a perfect blend of knowledge parks, special economic zones (SEZs), multi-tenanted labspace buildings, incubation facilities, office spaces and outstanding support facilities. It has a healthy mix of companies in the realm of agri biotech, CROs, bio pharma, vaccine manufacturing, regulatory and testing which makes it one of the most vibrant clusters today in India. The cluster has over 100 life science companies, including some of the world´s fastest growing MNCs.
The cluster features excellent support infrastructure for research & development activities. With a successful response since its inception, Genome Valley is rapidly expanding with an approximate 2,00,000 SF of labspace being added every year.In order to synergize the advantage of Genome Valley, Government of Andhra Pradesh has proposed the development of a medical devices hub, MedTech Valley, within the proximity of the cluster.