Mark Ingebretsen writes in the Online Journal's Daily Scan, 'India, already an information-technology powerhouse, is now setting its sights on similar success in biotech.' India, which reportedly graduates 25,000 chemists annually, has already garnered the attention of major Western drug companies.
Reuters reports that India's biotech leaders hope to generate one million jobs and investments of $10 billion by 2010.
Meanwhile, the southern state of Karnataka is aiming to become a biotechnology hub. ''Riding on the global reputation of Bangalore as India's IT hub, we will project the state capital as the right choice for investing in biotech too,'' M.K. Shankaralinge , Karnataka's secretary for IT and biotechnology Gowda, told Indo-Asian News Service."
Reuters reports that India's biotech leaders hope to generate one million jobs and investments of $10 billion by 2010.
Meanwhile, the southern state of Karnataka is aiming to become a biotechnology hub. ''Riding on the global reputation of Bangalore as India's IT hub, we will project the state capital as the right choice for investing in biotech too,'' M.K. Shankaralinge , Karnataka's secretary for IT and biotechnology Gowda, told Indo-Asian News Service."
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