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GOVT. POLICY |
BIOTECH
POLICY
Government of Andhra Pradesh
has identified the biotech sector as one of the "Engines of
Growth" in the Vision 2020 document. The Government will leverage
the existing strengths of the state for rapid commercialisation
of biotechnology to produce innovative biotech products and
services in a wide range of areas.
The Government of Andhra Pradesh recognizes the pioneering efforts
made by a few entrepreneurs in setting up highly successful
biotech companies such as, Shanta Biotechnics, Ltd. and Bharat
Biotech Ltd. which have, in a very short span of time, gained
world-wide recognition and put Andhra Pradesh in the forefront
of the Biotech revolution in India. The Government envisages
a very active role of the private sector in the development
of the biotechnology industry.
The Government would act as a facilitator and a catalyst. It
has felt the need for a well-defined policy to forge a Private-Public
Partnership in the development of biotechnology in the state.
It is expected that the large number of scientists from Andhra
Pradesh, who are at present engaged in research, academics or
manufacturing in the field of biotechnology in USA and other
developed countries will play catalytic and enabling role in
developing biotechnology in the state, given the right environment,
as was the case with Information Technology. |
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