Kiran Mazumdar Shaw presents Indian Biotechnology roadmap to Dr. Jitendra Singh


The President of the Association of Biotechnology Led Enterprises (ABLE) and CMD of Biocon Limited, Smt. Kiran Mazumdar Shaw calling on the Minister of State for Development of North Eastern Region (I/C), Prime Minister’s Office, Personnel, Public Grievances & Pensions, Department of Atomic Energy, Department of Space, Dr. Jitendra Singh, in New Delhi on January 27, 2015.

A motivational tour of influential persons hailing from remote villages of Doda district in Jammu and Kashmir calling on the Union Home Minister, Shri Rajnath Singh, in New Delhi on January 27, 2015. The tour is organised by the Indian Army (26 Rashtriya Rifles) under its project ‘Operation Sadbhavana’. The senior officials from Ministry of Home Affairs are also seen. 
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Kiran Mazumdar Shaw presents Indian Biotechnology roadmap to Dr. Jitendra Singh
The sector to grow to 100 billion USD by 2025

The Indian biotechnology sector to grow from the current 5-7 billion USD to 100 billion USD by 2025 so that the current growth rate of 15% in this sector could be enhanced by twice to up to 30%. A roadmap on this is presented to the Union Minister of State (Independent Charge) of the Ministry of Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr. Jitendra Singh by Smt. Kiran Mazumdar Shaw, President of the Association of Biotechnology Led Enterprises (ABLE), and also happens Chairman and Managing Director (CMD) of Biocon Limited, who called on him here today. Smt. Kiran Shaw, visited Delhi from Bengaluru to attend the CEOs meet with US President, Mr. Barack Obama and handed over to Dr. Jitendra Singh a copy of the memorandum containing budgetary recommendations submitted to the government.



Dr. Jitendra Singh said, the government is keen to promote all kinds of upward activities in Biotech sector and said that the suggestions offered by the ABLE would be given due consideration and dealt with a positive approach.

Dr. Jitendra Singh agreed that the key States of India where the biotechnology is likely to grow in near future are Karnataka, Telangana, Andhra Pradesh and Gujarat but suggested that a focused planning is required to spread it to other States as well because this will not only add to the current growth rate but will also help create new avenues of employment particularly skilled jobs.

The memorandum submitted by ABLE made several recommendations to support the biotechnology industry. These include deduction of current tax incentives of 200% to be increased to 300% with a validity of three years and extension of 10 years of tax holiday for biotech/farming establishments by another 2 years.

Invoking the “Make in India” agenda of the present government, the memorandum also pleads for the indigenously made products to be given 15% to 25% weighted advantage over imported products in all government tenders.

Dr. Jitendra Singh assured Smt. Kiran Shaw that he will take up all the suggestions with concerned departments to work out their feasibility and applicability. Biotechnology is the science of future and industry’s participation in future biotech ventures will also help in expanding the range of its utility as a means of social transformation, he added.


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Influential persons on motivational tour from J&K meets Rajnath Singh

A motivational tour of influential persons hailing from remote villages of Doda district in Jammu and Kashmir called on the Union Home Minister, Shri Rajnath Singh, here today. The tour is organized by the Indian Army (26 Rashtriya Rifles) under its project ‘Operation Sadbhavana’. The tour has been planned with an aim to familiarize and introduce the opinion makers to the rich and diverse culture of the country, foster a sense of goodwill and unity and create awareness of our Nation’s multifaceted identity. The tour had interaction with the Union Home Minister, Shri Rajnath Singh and shared their experiences of the tour.

The tour beginning from January 20, 2015 has visited various cultural and historical places of interest across cities of Delhi, Udaipur and Ajmer. The tour members have also visited prestigious educational institutes like Noida International University and Pacific University, Udaipur which provides quality education to wards of citizens of Jammu and Kashmir at nominal fees.

The tour has witnessed the full dress rehearsal of the Republic Day Parade on 23rd Jan 2015 and planning to meet other dignitaries during their stay in the capital.

Kiran Mazumdar Shaw presents Indian Biotechnology roadmap to Dr. Jitendra Singh Kiran Mazumdar Shaw presents Indian Biotechnology roadmap to Dr. Jitendra Singh Reviewed by Ajit Kumar on 7:48 AM Rating: 5

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