Kiran Mazumdar-promoted Biocon Ltd plans to set up its R&D centre in Punjab with an investment of nearly Rs 100 crore.
Company Chairperson and Managing Director Kiran Mazumdar Shaw expressed the interest during a meeting with Chief Minister Parkash Singh Badal here yesterday at an investment of nearly Rs 100 crore and will have an employment potential for about 200 scientists.
Shaw also emphasised the need to chalk out a joint action programme to involve the state’s industry with Universities to work together for overcoming all the practical hardships being faced by both the sectors in the field of bio-technology.
She also favoured clinical research in the medical units with the involvement of pharmaceutical industry.
Taking part in the deliberations, Badal said that the Punjab was taking major initiative for the promotion of Bio-technology in the state including the setting up of National Agri-Food Bio-technology Institute, Bio-Processing Unit and Biotechnology Park in Knowledge City, Mohali.