Telangana IT minister D Sridhar Babu on Wednesday, February 26 stated that the state received investments worth Rs 15,000 crore during the BioAsia summit 2025.
“Hyderabad is at the forefront of the life sciences economy, serving as the vaccine capital of India. It is also a major hub for IT exports, providing about $15 million of IT services,” said Union minister for Mines G Kishan Reddy.
He further added that Hyderabad plays a key role in India’s pharmaceutical growth, contributing 15 percent of the country’s pharmaceutical income and 40 percent of bulk products.