Bharat Biotech, Biological E among 11 companies to invest Rs 5,445 crore in Green Pharma City
Hyderabad: 11 companies including Bharat Biotech, Biological E committed to invest Rs 5,445 crore in the Green Pharma City.
The Telangana government announced investments of Rs 5,445 crore by 11 companies, creating 9,800 new jobs, in its flagship initiative of Green Pharma City.
This announcement was made at BioAsia 2025, the premier life sciences and Health-tech event hosted by the Telangana government which was inaugurated by Chief Minister A Revanth Reddy.
With these investment commitments, the total investment in Green Pharma City now stands at Rs 11,100 crore with employment opportunities exceeding 22,300, an official release said.
Green Pharma City is the world’s largest integrated cluster in Hyderabad for pharmaceutical industries with a thrust on R&D and manufacturing, according to the official website.
Six pharma companies had earlier signed MoUs with the state government, PTI reported.
Meanwhile, the Telangana CMO said in a post on 'X' that the Chief Minister and state and IT, Industries Minister D Sridhar Babu held a meeting with representatives of the State of Queensland, Australia, at the BioAsia.
During the meeting, discussions focused on potential investments and agreements in various sectors, including industries, sports universities, trade, and other areas in Telangana, it said.
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