"The highest number of biotech startups anywhere in the country happen out of Bangalore and these are growing at the rate of 30 per cent year on year, something which is very exciting for the biotechnology industry and the biotechnology research world," Secretary IT, BT, S&T Government of Karnataka Srivatsa Krishna said.
Speaking at 'Bangalore India Bio 2014', inaugurated by Chief Minister Siddaramaiah in the presence of Nobel laureate John Gurdon and World Food Prize laureate Prof Marc Van Montagu, he said, ".....Partnering with the Association of Biotechnology Led Enterprises (ABLE)-we are proposing to the government of India to set up the first Biosynthetic technology institute in the country."
Calling Bangalore as biotech capital of India, Krishna said, "... We have about 400 biotechnology companies in India, ... Of the 400, 70 per cent are located here in Bangalore."
"This makes us the unequivocal the unquestioned biotechnology capital of India," he added.
Stating that 10,000 bioscience researchers and professionals are located in this city, he said "this makes us one of the largest bioscience clusters not in India but in this planet...."
Announcing that Karnataka will be the first state in India to launch a bioscience and medical technology incubator, he said it would come up at Electronic city.