India plots 20 new biotech parks

India's government wants to make sure biopharma companies will have everything they need as they shift certain operations overseas. At the inauguration of a park in Lucknow, Minister of Science and Technology Kapil Sibal has announced a plan to build 20 more biotech parks throughout the country. Currently there are biotech facilities in Hyderabad, Pune and Punjab. Further details about the parks were not disclosed.

In addition to aggressively building new biotech parks, Sibal said the country's Department of Biotechnology has signed a 10-year pact with the Welcome Trust to produce high quality human resource. This comes in response to concerns that India lacks the highly-skilled and experienced talent needed to support its burgeoning biotech sector.

"Setting up of new biotech parks is one of our initiatives for promoting quality research in biotechnology and its applied fields," said Sibal.

- see the Economic Times article