"To me the next exciting thing on the horizon is likely to happen and different from the one which we are seeing in India is the likelihood of medical breakthroughs because of startups in computing and in writing algorithms and analytics basically.
"The whole area of biotechnology and of course life sciences stems cells and thinks like that. So I see great deal of breakthroughs in treating diseases hitherto is fatal or had not cured. And I think that is going to be worldwide in this decade," Tata told reporters on the sidelines of inauguration of T-Hub a technology incubator for startups.
He also did not reply whether he had earmarked any specific fund for investing in the healthcare startups. He, however, said he would continue to feel the need to support young entrepreneurs who were keen to unleash the "Indian tiger".
Replying to a query he said he hoped that Indian auto market has space for cars like Nano.
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On the industry sentiment due to the ongoing debate on "intolerance" Tata refused to comment saying that India is known for communal harmony.
"I don't think it is my lot to make a comment on that. I can only say that in country we live together and I hope we can live together in harmony. I don't want to get into the issues of the observations what is being taken place.
Governor ESL Narasimhan and Ratan Tata, today launched the first phase of the T-Hub an initiative of Telangana Government.
T-Hub is a technology incubator with collaborative efforts from the Indian School of Business (ISB), the International Institute of Information Technology (IIIT-Hyderabad) and NALSAR University of Law besides various other organizations.
Nasscom chairman BVR Mohan Reddy said the T-Hub would accommodate 300 startups comprising 800 people.
He said the T-Hub signed MoUs with Nasscom's 10,000 Startups and Internet and Mobile Association of India (IAMAI).