Savli's biotech park to attract investment of Rs 4,000 cr
Western India's first ever largest bio-tech park, which is being established in Savli town near here, will attract an investment of Rs 4,000 crore in next five years, an industry official said.
The biotech park, spread over 700 acre of land, would offer job opportunities to the youths in the state, A N Bhadalkar, sector specialist (Industry), Gujarat State Biotechnology Mission said during an interactive session organised by the Federation of Gujarat Industries (FGI) in collaboration with the Gujarat government here yesterday.
FGI President Ashok Patel said that the Gujarat state having realised its significance, has made it a thrust area for industries growth by giving due emphasis and priority to biotech industry.
The experts at the session held the view that major breakthroughs in developing drugs for chronic diseases like leukaemia, asthma and allergies and AIDS would be from this sector.
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