Biocon to Invest in UP Health Sector, to Encourage Entrepreneurs in State
Bengaluru-based biotech, Biocon, headed by Kiran Mazumdar-Shaw reportedly is to invest in the healthcare centres of Uttar Pradesh and encourage entrepreneurs in the biotech space, especially the startups, to work in the state.
“She said that a survey should be conducted in all districts of UP, including Gorakhpur, for starting e-health care centres under a pilot project. She further suggested that a campaign be launched to attract investors in the health sector,” said a member of UP’s delegation which was in the city as part of the road show organised by the UP governmentas a precursor to the investors’ summit in February 2018.
Industrial Development Minister Satish Mahana said during the road show that under the IT policy in UP, the startup carps fund has been increased from Rs. 100 crores to Rs. 1000 crores. Establishment and Industrial Development Commissioner Anup Chandra Pandey said that the state government is giving the status of specific industry to the plants being set up for solar power generation. All solar energy production projects have been granted exemption from obtaining environmental nod. There is a separate session for NRI under the UP Investors Summit
.“Project developers will be provided with ‘no-objection certificates’, full exemption in stamp fee and electricity cess for 10 years on purchasing ceiling land of at least 5.058 hectares. All solar energy generation projects will be given exemption from obtaining environmental NOC,” he said.
