Shiv Kant Shukla
Biotech Consortium India Limited , India
Title: An Overview on status of Biotechnology Parks in India
Biography
Biography: Shiv Kant Shukla
Abstract
Biotechnology Park is a demarcated area where laboratory space, ready to use facilities, pilot plant facilities, enterprise zone and all the other basic facilities are created to assist entrepreneurs in nurturing their life science ideas/discoveries and transform it into commercial value without risking huge investments. Facilities created in Biotech Park are leased out to entrepreneurs at economical rate to incubate their technology and scale-up to commercial level. Currently there are more than 15 Biotechnology Parks successfully operational in various States while many other upcoming parks are at the stage of detailed survey and basic ground work for their establishment. Department of Biotechnology (DBT), Government of India along with the State Government and research institution is playing a key role in setting up and operationalization of Biotech Parks. Biotech Consortium India Limited (BCIL) has been actively involved in preparing the detailed project reports (DPRs) for setting up of biotechnology parks in the country. BCIL has prepared DPRs for 20 different biotechnology parks and has been playing key role in their establishment. DPR broadly covers business model and facilities orienting towards identified priority areas for biotechnology interventionin the State. Biotech Parks are expected to become self-sustaining and to contribute in socio-economic development of the region/state. An overview of status of operationalization of biotechnology parks in India and their role in promoting entrepreneurship will be discussed in the present study.