- Telangana Chief Minister A. Revanth Reddy unveiled a new life sciences policy for the period 2026 to 2030 at the World Economic Forum in Davos.
- Under this policy, a dedicated life sciences innovation fund will be established, with an initial allocation of ₹100 crore.
- The initial corpus of this fund can be increased to ₹1,000 crore in the future.
- According to the policy, the fund will be established through a public-private partnership model.
- It will co-invest with venture capital and private equity funds.
- This investment will support startups, scale-ups, and translational research initiatives in the life sciences sector.
- As per the policy, Telangana aims to be among the top five global life sciences hubs by 2030.
Tags:
Miscellaneous
