Telangana Aims to Become a Global Life Sciences Hub by 2030

Strategic Insights -

Telangana is gearing up to become a leading Global Life Sciences Hub by 2030, with the state government launching a comprehensive roadmap to accelerate innovation, infrastructure, and global partnerships. The "Roadmap 2030" aims to position Telangana as a global leader in the life sciences sector, with a target to increase the value of the life sciences economy from $80 billion to $250 billion by 2030. The state has already outperformed national averages in economic growth, contributing over 5% to India's GDP, and has attracted significant investments in the life sciences sector.

Key Takeaways:

  • Telangana aims to increase the value of the life sciences economy from $80 billion to $250 billion by 2030.
  • The state has attracted Rs. 3.2 lakh crore in new investments over the past 20 months, with Rs. 63,000 crore coming from the life sciences sector alone.
  • Life sciences office leasing in Hyderabad expanded from 0.6 million sq. ft. in 2022 to 2.4 million sq. ft. in 2024.
  • Telangana is investing heavily in building a "ready-to-deploy bio-digital workforce" to meet the needs of emerging technologies in biotechnology, artificial intelligence, and healthcare.
  • The state has partnered with global institutions such as the World Economic Forum's Centre for the Fourth Industrial Revolution to align skill development and innovation ecosystems with the demands of the Bio-Digital era.
  • Telangana's slogan is "Invent in Telangana, not just Make in India" to emphasize its focus on innovation and entrepreneurship.
  • The state is inviting Australian companies to explore investment opportunities in emerging and high-growth areas such as cell and gene therapy, biologics and biosimilars, and digital health.

Statistics:

  • Telangana's GSDP growth rate in 2024-25 stood at 8.2%, compared with the national average of 7.6%.
  • Exports from the life sciences sector crossed Rs. 26,000 crore between April and December 2024.
  • Life sciences office leasing in Hyderabad expanded from 0.6 million sq. ft. in 2022 to 2.4 million sq. ft. in 2024.

Sources:

  • Ministry of Industries, Government of Telangana
  • AusBiotech
  • Victoria Government
  • India Education Diary