{"id":27143,"date":"2026-02-18T19:48:33","date_gmt":"2026-02-18T14:48:33","guid":{"rendered":"https:\/\/vglobenews.com\/?p=27143"},"modified":"2026-02-18T19:48:33","modified_gmt":"2026-02-18T14:48:33","slug":"telangana-targets-3-trillion-economy-by-2047-bets-big-on-life-sciences-sector","status":"publish","type":"post","link":"https:\/\/vglobenews.com\/?p=27143","title":{"rendered":"Telangana Targets $3 Trillion Economy by 2047, Bets Big on Life Sciences Sector"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"409\" height=\"506\" src=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/image_editor_output_image1205978865-17714260788303811337225631786940.jpg?resize=409%2C506&#038;ssl=1\" alt=\"\" class=\"wp-image-27142\" srcset=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/image_editor_output_image1205978865-17714260788303811337225631786940.jpg?w=409&amp;ssl=1 409w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/image_editor_output_image1205978865-17714260788303811337225631786940.jpg?resize=242%2C300&amp;ssl=1 242w\" sizes=\"auto, (max-width: 409px) 100vw, 409px\" \/><\/figure>\n\n\n\n<p><strong>Life Sciences Central to Telangana\u2019s $3-Trillion Vision: Minister Sridhar Babu<\/strong><\/p>\n\n\n\n<p><strong>Hyderabad, Feb 18:<\/strong> The Telangana government has set an ambitious goal of building a <strong>$3-trillion economy by 2047<\/strong>, with the <strong>life sciences sector identified as a key growth engine<\/strong>, IT and Industries Minister <strong>D. Sridhar Babu<\/strong> said on Wednesday.<\/p>\n\n\n\n<p>Addressing the valedictory session of <strong>BioAsia 2026<\/strong> at HITEX, the Minister stated that the State\u2019s long-term development blueprint, <em>\u201cTelangana Rising 2047,\u201d<\/em> was formulated through extensive consultations with citizens, industry leaders, and domain experts. The initiative aims to significantly expand Telangana\u2019s economic footprint and raise its contribution to the national GDP to <strong>10 percent<\/strong> over the coming decades.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"427\" src=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa0043485940941781591475.jpg?resize=640%2C427&#038;ssl=1\" alt=\"\" class=\"wp-image-27141\" srcset=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa0043485940941781591475.jpg?resize=1024%2C683&amp;ssl=1 1024w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa0043485940941781591475.jpg?resize=300%2C200&amp;ssl=1 300w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa0043485940941781591475.jpg?resize=768%2C512&amp;ssl=1 768w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa0043485940941781591475.jpg?resize=1536%2C1025&amp;ssl=1 1536w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa0043485940941781591475.jpg?w=2000&amp;ssl=1 2000w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa0043485940941781591475.jpg?w=1280&amp;ssl=1 1280w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa0043485940941781591475.jpg?w=1920&amp;ssl=1 1920w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/figure>\n\n\n\n<p>Earlier, during a fireside chat titled <em>\u201cTelangana Rising 2047: Building a World-Class Life Sciences Ecosystem,\u201d<\/em> Mr. Sridhar Babu outlined a comprehensive roadmap to position Telangana as a global hub for life sciences. He emphasized that the sector would play a pivotal role in achieving the State\u2019s long-term economic targets. Since December 2023, Telangana has attracted <strong>\u20b973,360 crore in life sciences investments<\/strong>, creating <strong>nearly one lakh employment opportunities<\/strong>, he noted.<\/p>\n\n\n\n<p>Detailing the government\u2019s strategy to strengthen the ecosystem, the Minister highlighted several flagship initiatives, including the <strong>Telangana Next-Gen Life Sciences Policy (2026\u20132030)<\/strong>, the proposed <strong>Telangana Life Sciences School<\/strong>, and the <strong>OneBio Incubator<\/strong>. He also pointed to the ongoing <strong>expansion of Genome Valley<\/strong>, development of dedicated <strong>Pharma Villages<\/strong>, and the creation of world-class infrastructure supported by global partnerships and a highly skilled talent pool.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"428\" src=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa00408976133677777468281.jpg?resize=640%2C428&#038;ssl=1\" alt=\"\" class=\"wp-image-27138\" srcset=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa00408976133677777468281.jpg?resize=1024%2C684&amp;ssl=1 1024w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa00408976133677777468281.jpg?resize=300%2C200&amp;ssl=1 300w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa00408976133677777468281.jpg?resize=768%2C513&amp;ssl=1 768w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa00408976133677777468281.jpg?resize=1536%2C1025&amp;ssl=1 1536w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa00408976133677777468281.jpg?w=2000&amp;ssl=1 2000w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa00408976133677777468281.jpg?w=1280&amp;ssl=1 1280w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa00408976133677777468281.jpg?w=1920&amp;ssl=1 1920w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/figure>\n\n\n\n<p>Underscoring the State\u2019s strong industrial foundation, Mr. Sridhar Babu said Telangana is home to <strong>over 2,000 life sciences companies<\/strong>. The State contributes <strong>nearly one-third of India\u2019s pharmaceutical production<\/strong> and accounts for <strong>about one-fifth of the country\u2019s pharma exports<\/strong>, reinforcing its position as one of India\u2019s leading pharmaceutical and biotechnology hubs.<\/p>\n\n\n\n<p>He revealed that several global companies\u2014including <strong>Sanofi, Opella, Vaxxinova Animal Health, Tredence, and Rx Propellant<\/strong>\u2014expressed interest in investing in Telangana during the summit, reflecting growing international confidence in the State\u2019s innovation ecosystem.<\/p>\n\n\n\n<p>The event also featured special roundtable meetings with experts from the <strong>United Kingdom, New Zealand, South Korea, Australia, and Japan<\/strong>, focusing on emerging challenges, technology trends, and collaboration opportunities in life sciences. Discussions were also held with representatives of the <strong>World Economic Forum<\/strong> on strategies to position India as the world\u2019s <strong>third-largest bioeconomy<\/strong>, with Telangana expected to play a significant role. A detailed roadmap is currently under preparation.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"427\" src=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa0046217725730867662162.jpg?resize=640%2C427&#038;ssl=1\" alt=\"\" class=\"wp-image-27137\" srcset=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa0046217725730867662162.jpg?resize=1024%2C683&amp;ssl=1 1024w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa0046217725730867662162.jpg?resize=300%2C200&amp;ssl=1 300w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa0046217725730867662162.jpg?resize=768%2C512&amp;ssl=1 768w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa0046217725730867662162.jpg?resize=1536%2C1025&amp;ssl=1 1536w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa0046217725730867662162.jpg?w=2000&amp;ssl=1 2000w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa0046217725730867662162.jpg?w=1280&amp;ssl=1 1280w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/02\/img-20260218-wa0046217725730867662162.jpg?w=1920&amp;ssl=1 1920w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/figure>\n\n\n\n<p><strong>BioAsia 2026<\/strong> witnessed participation from <strong>4,394 delegates<\/strong> from India and abroad, including representatives of Fortune 500 companies. The summit hosted more than <strong>4,000 high-level business-to-business meetings<\/strong>, aimed at fostering investments, technology transfers, and global partnerships.<\/p>\n\n\n\n<p>Concluding his address, the Minister stressed that the government views life sciences not merely as a commercial sector but as a field with profound social impact, particularly in healthcare, biotechnology innovation, and sustainable development. He invited global industry leaders to collaborate with Telangana in driving innovation-led growth and shaping the future of life sciences.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Life Sciences Central to Telangana\u2019s $3-Trillion Vision: Minister Sridhar Babu Hyderabad, Feb 18: The Telangana government has set an ambitious goal of building a $3-trillion economy by 2047, with the life sciences sector identified as a key growth engine, IT and Industries Minister D. Sridhar Babu said on Wednesday. Addressing the valedictory session of BioAsia [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":27139,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[25,15,29],"tags":[],"class_list":["post-27143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-national","category-telangana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Telangana Targets $3 Trillion Economy by 2047, Bets Big on Life Sciences Sector - VGlobe News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/vglobenews.com\/?p=27143\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Telangana Targets $3 Trillion Economy by 2047, Bets Big on Life Sciences Sector - VGlobe News\" \/>\n<meta property=\"og:description\" content=\"Life Sciences Central to Telangana\u2019s $3-Trillion Vision: Minister Sridhar Babu Hyderabad, Feb 18: The Telangana government has set an ambitious goal of building a $3-trillion economy by 2047, with the life sciences sector identified as a key growth engine, IT and Industries Minister D. Sridhar Babu said on Wednesday. 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