Published & Updated as on - 2010-06-13
Hyderabad,
June 6: In a bid to instill confidence among investors, the state government
will soon host two major international events in the city.
The
Biotechnology Industry Organisation (BIO), an umbrella organisation for 1,200
bio-technology companies across the world, has agreed to hold its two-day
international partnering conference from September 21. It is for the first time
that the annual BIO partnership summit will be held in India.
 In
another development, the Confederation of Indian Industry has informed the
Chief Minister, Mr K. Rosaiah, that it will hold global investors summit in the
city on November 22 and 23. Though the city was scheduled to hold the summit a
few months ago, the Centre shifted the venue to Chennai due to disturbances in
the city.
Explaining the advantages of the summit, the BIO
executive vice-president, Mr Alan F. Eisenberg, said it would provide a chance
to feature India’s world class biopharma industry, to rest of the world.
“The
focus will be on promoting the state-built modern bio facility Genome valley,”
said the HMDA commissioner, Mr B.P. Acharya, who is coordinating with the BIO
for the event.
Meanwhile, Mr Rosaiah directed officials to
study the possibilities of setting up a southern industrial corridor on the
lines of Delhi-Mumbai Industrial development Corridor which will span from
Bengaluru to Chennai, covering parts of the state and try to take advantage out
of Krishna-Godavari basin.
Source: DC 7/6/10
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