Karnataka is considering a dedicated support framework for biotechnology companies, including funding, mentoring, regulatory guidance and commercialisation assistance, as part of efforts to strengthen the state's biotechnology ecosystem and improve access to growth capital for startups.
The proposal was discussed at a meeting of the Vision Group on Biotechnology (VGBT) chaired by Biocon founder Kiran Mazumdar-Shaw, where members also identified artificial intelligence-enabled biotechnology and biomanufacturing as key focus areas for the sector's next phase of growth.
