ABLE as a knowledge partner along with KBITS-Department of IT BT and S&T, Government of Karnataka organized a workshop on‘Millennium Biotech Policy II– an endeavour of the Government of Karnataka for Sustainable Growth of Biotechnology Industry’ that was held at the Lalit Ashok, Bangalore on 19th February’11 to showcase the benefits of this policy. The workshop aimed at creating awareness about fiscal benefits/incentives, R&D, infrastructure support and Human Resource Development for sustainable growth of biotechnology sector in the state which addressed the current needs of Karnataka’s Biotech industry and BT Finishing Schools/Institutions. The workshop generated fruitful response by the presence of more than hundred and fifty participants from the Industry, Academia, Biotechnology Finishing Schools, R&D Institutions and various Government Departments. Shri Ashok Kumar Manoli(then Principal secretary KBITS) along with many eminent speakers shared their valuable and thought provoking inputs on the subject.
Karnataka has always been India's premier biotech destination, but the state government does not want to rest on its laurels. In the new Millennium Biotech Policy, the government has announced a slew of incentives for the sector.