Telangana aims to attract ₹1 lakh crore in new Life Sciences investments by 2030, with a goal of generating 5 lakh jobs said Duddilla Sridhar Babu, Minister for IT and Industries.
Speaking at the AusBiotech International Conference 2025 in Melbourne, jointly hosted by AusBiotech and the Government of Victoria, the Minister highlighted Telangana’s comprehensive “Roadmap 2030” to establish the state as a Global Life Sciences Hub.
“Telangana is preparing a Comprehensive Life Sciences Policy to accelerate innovation, infrastructure, and global partnerships,” Sridhar Babu highlighted this while outlining the State’s strategy for the next phase of bio-digital growth.
Sridhar Babu highlighted that Telangana continues to outpace national economic averages. Despite being 11th in geographical area and 12th in population, the State contributes over 5% to India’s GDP. Its GSDP growth rate for 2024–25 stood at 8.2%, surpassing the national average of 7.6%. Over the past 20 months, Telangana attracted ₹3.2 lakh crore in new investments, with ₹63,000 crore coming from the Life Sciences sector alone. Exports from the sector exceeded ₹26,000 crore between April and December 2024. The State now aims to grow its Life Sciences economy from USD 80 billion to USD 250 billion by 2030, the Minister added.
Citing a CBRE report, the Minister noted that Hyderabad has been featured in the Global Life Sciences Atlas 2025 among top international clusters such as Boston, San Francisco, Cambridge, Beijing, and Tokyo, making it the only Indian city on the list. Life Sciences office leasing in Hyderabad surged from 0.6 million sq. ft. in 2022 to 2.4 million sq. ft. in 2024, reflecting strong investor confidence.
The minister emphasized Telangana’s significant investments in creating a “ready-to-deploy bio-digital workforce” to meet the rising demand for talent in biotechnology, AI, and healthcare. He highlighted initiatives such as the Life Sciences University and Young India Skills University, aimed at nurturing next-generation talent in advanced technologies. The State is also collaborating with the World Economic Forum’s Centre for the Fourth Industrial Revolution and global institutions to align innovation and skill ecosystems for the Bio-Digital era.
"Telangana’s strength lies in its innovation ecosystem. Our slogan is not merely Make in India, but Invent in Telangana,” the Minister said. He highlighted key enablers that position Telangana as a leading destination for Life Sciences investments, including Genome Valley, Medical Devices Park, B-Hub, Bharat Future City, progressive industrial policies, plug-and-play infrastructure, and single-window clearances.
Sridhar Babu extended an invitation to Australian companies to explore opportunities in Cell and Gene Therapy, Biologics, Biosimilars, mRNA Vaccines, CRDM, Diagnostics, MedTech, and Digital Health. He also emphasized Telangana’s focus on AI-driven Drug Discovery, Genomics, Green Biomanufacturing, Agri-Biotech, and Animal Health, noting the significant potential these sectors hold for collaboration and growth.
The Minister assured full government support for investors and expressed confidence that the event would mark the launch of a “Victoria–Telangana Innovation Corridor.” He further invited global Life Sciences firms to participate in BioAsia 2026, scheduled to be held in Hyderabad in February.
The event was attended by Victoria Ministers Rose Spence and Danny Pearson, MP; Dr. James Campbell, Chairman of AusBiotech; Madusudhan, Director of Telangana Investment Cell; and Shakti Nagappan, CEO of Telangana Life Sciences Foundation, among others.