Gujarat govt to announce biotech policy

Gandhinagar, 5 December 2014

Gujarat government will announces its new biotech policy soon. The state government arm ‘biotechnology mission’ is going to organize a global conference on biotech on 6 December at Mahatma mandir in Gandhinagar. According to Akshaykumar Saxena(IFS), Director of state biotechnology mission, the turnover of biotech companies in India is around Rs. 25,000 crore, of which Gujarat’s 151 companies contribute Rs. 4,000 crore. Gujarat is third in this sector after Maharashtra(Rs. 5,000 crore turnover) and Karnataka(Rs.4,500 crore turnover). During the period of 2004-2013, the state has witnessed commissioning of projects worth Rs. 1,863 crore while projects worth Rs. 4,500 crore are in process of implementation. A draft policy on biotechnology has been presented before the Chief Minister already. Once finalized, it wll be announced soon.