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Biotechnology policy

Objectives

  • To take a detailed inventory of the bio-resources in the state
  • To encourage R&D
  • To develop high-quality infrastructure
  • To provide special incentives to biotech industry
  • To create an enabling environment and simplify procedures
  • To facilitate the flow of venture capital funds and address issues such as intellectual property rights

Thrust areas

  • Diagnostics
  • Therapeutics
  • Pharmacogenomics
  • Bioinformatics
  • Agriculture biotechnology
  • Industrial biotechnology
  • Inputs to the industry (hardware suppliers—instrumentation and chemicals)
  • Marine biotechnology
  • Forest and environment-focussedbiotechnology
  • Contract research in all areas of biotechnology and related areas 

Strategy

  • Encouraging R&D
  • Infrastructure development
  • Incentives
  • Sales tax
  • Land for biotech parks/activities
  • Exemption from power cuts
  • Labor concessions
  • Land and grants for training institutes
  • Land for housing
  • Mega projects
  • Human resource development
  • Creating an enabling environment
  • Funding biotech activities
  • Protecting intellectual property rights

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