Hyderabad, July 12 -- Telangana IT and Industries minister D Sridhar Babu stated that the state government is actively working to position the state as a global life sciences hub.

Speaking at the 'Pharma Tech Innovative Conclave' held in Madhapur, Hyderabad, he outlined recent progress and future plans in the sector.

Telangana attracted investments over Rs 50,000 cr: Sridhar Babu

The Industries minister stated that over the past 18 months, Telangana has attracted investments exceeding Rs 50,000 crore in the life sciences industry. These investments have reportedly generated employment for approximately 60,000 people.

"For the financial year 2024-25, the state exported life sciences products valued at Rs 66,000 crore," he informed.

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