Plan your investment and take the advice of experts to secure your financial freedom. (Stock photo)
').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();
$3 Billion Investments, Trade Took Place In Past BioAsia Events: K T Rao
$3 billion worth of investments and trade took place during the past 19 editions of BioAsia, a flagship annual life sciences convention, and the 20th edition is set to be held from February 24 to 26
Topics
Telangana | Telangana Assembly | K T Rama Rao
More than USD 3 billion worth of investments and trade took place during the past 19 editions of BioAsia, a flagship annual life sciences convention, and the 20th edition is set to be held from February 24 to 26, Telangana Industries Minister K T Rama Rao said here on Tuesday.
Speaking to reporters on various steps being taken by the state government to promote the life sciences sector, Rama Rao said Telangana has a target of making the industry worth USD 100 billion from USD 50 billion in 2021.
"Trade and investment to an extent of USD 3 billion have been announced during the past 19 editions and over 250 letters of intents, bilateral cooperation agreements and MoUs have been signed," he said.
According to him, BioAsia hosted delegates from over 100 countries during the event in Hyderabad which helped in showcasing the ecosystem and policies to the global leaders, while over 20,000 partnering meetings have also been held.
On the 20th edition of BioAsia, the minister unveiled the theme of the event, 'Advancing for ONE - Shaping the next generation of humanized healthcare'. He said the latest edition is expected to see about 50 countries participating with United Kingdom as the partner country and Flanders, the international partner region.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Subscribe to Business Standard Premium
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
First Published: Tue, February 21 2023. 17:19 IST
RECENT NEWS
Monzo Looks For US Banking License
Monzo is preparing a renewed push to secure a US banking licence, four years after abandoning its first attempt when tal... Read more
Crypto Firms Push Into US Banking
America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more
Parallel Banking: Stablecoins Are Now Global
Parallel Banking: How Stablecoins Are Building a New Global Payments SystemStablecoins—digital currencies pegged to tr... Read more
JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity
JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more
Private Equity And Banks: The Complex Web Of Leverage
Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more
Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector
The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more