MSME Ministry partners with Telangana for BioAsia

By AuthorTelanganaToday  |  Business Bureau  |  Published: 30th Jan 2020  9:30 pmUpdated: 30th Jan 2020  11:20 pmHyderabad: The Ministry of Micro, Small and Medium Enterprises, Government of India has partnered with the Government of Telangana for BioAsia 2020 to help MSME organisations benefit from this global platform. The event is being held from February 17 to 19 in Hyderabad.
Given that the MSMEs contribute to over 80 per cent of the Indian life sciences industry and has been an important pillar for the job creation, the partnership is of extreme significance aimed at adding impetus to the growth of MSME sector in the country.
BioAsia has evolved as a global meeting benefiting from its participant history including Nobel Laureates, Lasker Awardees, Breakthrough Prize winners, established scientific and industry leaders, amongst others.
Switzerland will be the partner country, while delegations from various countries such as Germany, Spain, Australia, UK, USA, China, etc. will participate in the event. MSME companies will gain access to explore new business opportunities with leaders representing about 50 Countries.
Commenting on the rising sector’s participation, Jayesh Ranjan, principal secretary, Industries & Commerce, and Information Technology, Government of Telangana said, “Micro, Small and Medium enterprises are one of the most important pillars of the economic growth of the country and is rightly called as ‘The engine of the growth’. MSMEs have played a significant role in terms of creating employment opportunities along with innovation. BioAsia which has emerged as one of the highly regarded platforms in the life sciences sector will bring together the cutting-edge, innovative and technologically oriented MSMEs from the realm of life sciences and healthcare sectors. We are delighted to partner with Ministry of MSME for the second time for BioAsia and are confident that the platform will help MSMEs companies.”
BioAsia 2020 is set to host eminent global leaders from the life sciences industry including Vas Narasimhan (CEO, Novartis), Dr Carl June (University of Pennsylvania & CAR-T Expert), Dr Peter Piot (director, London School of Hygiene and Tropical Medicine, and Co-Discoverer of Ebola), Ajay Piramal (chairman, Piramal), Dilip Sanghvi (chairman, Sun Pharma), Kiran Mazumdar Shaw (CMD, Biocon) and Satish Reddy (chairman, Dr. Reddy’s).

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