Telangana has set a bold goal to attract ₹1 lakh crore in new Life Sciences investments by 2030. The initiative aims to create five lakh jobs and strengthen the State’s position as a Global Life Sciences Hub, said Minister for IT and Industries D. Sridhar Babu.
Delivering the keynote address at the AusBiotech International Conference 2025 in Melbourne — hosted by AusBiotech and the Government of Victoria — the Minister shared the State’s “Life Sciences Roadmap 2030.”
“Telangana is preparing a comprehensive Life Sciences Policy to boost innovation, infrastructure, and global partnerships,” Mr. Sridhar Babu said.
Telangana’s Economic Growth and Sector Progress
The Minister explained that Telangana continues to outperform India’s national average in economic growth.
Although the State ranks 11th in area and 12th in population, it contributes over 5% to India’s GDP.
In FY 2024–25, Telangana’s GSDP grew by 8.2%, higher than the national average of 7.6%.
Over the last 20 months, the State attracted ₹3.2 lakh crore in new investments, including ₹63,000 crore from the Life Sciences sector.
Exports from the sector touched ₹26,000 crore between April and December 2024.
As a result, Telangana plans to expand the Life Sciences economy from USD 80 billion to USD 250 billion by 2030.
Hyderabad: A Global Life Sciences Hub
According to a report by CBRE, Hyderabad now ranks among the top global Life Sciences clusters, alongside Boston, San Francisco, Cambridge, Beijing, and Tokyo.
Notably, it is the only Indian city featured in this global list.
Between 2022 and 2024, Life Sciences office leasing in Hyderabad grew from 0.6 million sq. ft. to 2.4 million sq. ft., reflecting strong investor confidence and rapid sector growth.
AusBiotech 2025 Digital Workforce
Mr. Sridhar Babu stated that Telangana is investing heavily in a bio-digital workforce to serve new technologies such as biotech, AI, and healthcare innovation.
The government has established the Life Sciences University and the Young India Skills University to prepare next-generation talent in science and technology.
Moreover, the State is working with the World Economic Forum’s Centre for the Fourth Industrial Revolution and other global institutions to align skill development and innovation with Bio-Digital industry demands.
The Minister invited Australian companies to explore opportunities in Cell and Gene Therapy, Biologics, Biosimilars, mRNA Vaccines, Contract Research, Diagnostics, MedTech, and Digital Health.
He also encouraged collaboration in AI-based Drug Discovery, Genomics, Green Biomanufacturing, Agri-Biotech, and Animal Health, adding that these areas offer huge potential for innovation and growth.
“Telangana welcomes all investors with open arms. Together, we can build a strong Victoria–Telangana Innovation Corridor,” he said.
Mr. Sridhar Babu also invited leading Life Sciences companies to participate in BioAsia 2026, which will be held in Hyderabad next February.
