Hyderabad: Telangana’s life sciences sector has attracted ₹54,000 crore in fresh investments since December 2023, generating over two lakh new jobs, IT and Industries Minister Duddilla Sridhar Babu said on Wednesday.
Speaking at the 6th Board Meeting of Telangana Life Sciences Foundation, Sridhar Babu said the sector’s rapid expansion reflected Chief Minister A. Revanth Reddy’s vision to position the state as a global hub for pharmaceuticals, biotechnology, and medical technologies. Hyderabad now ranks among the world’s top seven life sciences clusters, and is the only Indian city in the list, he noted.
He said proactive policies and robust infrastructure had drawn leading multinational companies including Lilly, Amgen, MSD, Zoetis, Evernorth and Olympus to the state.
Telangana life sciences sector targets $250 billion by 2030
The minister announced that the government would soon introduce a “Next-Gen Life Sciences Policy” to attract more investments and accelerate innovation. Telangana has set a target of scaling its life sciences economy to USD 250 billion by 2030, aiming to emerge as the “Life Sciences Capital of Asia.”
As part of its long-term roadmap, the state will commission a feasibility report for establishing the Telangana School of Life Sciences, an institution intended to train skilled professionals and boost collaboration between industry and academia, he added.
The board meeting was attended by Dr. Reddy’s Laboratories chairman Satish Reddy, Laurus Labs executive director and CEO Dr. Satyanarayana Chava, Special Chief Secretary Sanjay Kumar, and Shakti Nagappan.
Telangana’s rapid rise in the global life sciences arena is a direct result of our Congress government’s strategic vision and relentless focus on innovation, infrastructure and partnerships. Attracting more than ₹54,000 crore in investments since December 2023 and creating over… pic.twitter.com/WSM6mlal3s
— Sridhar Babu Duddilla (@OffDSB) August 20, 2025
