Thursday, September 19, 2024

IT Min charts future of Genome Valley

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Telangana’s IT and Industries Minister D Sridhar Babu inaugurated 3GV IFC-EDGE (Excellence in Design for Greater Efficiencies) advanced certified life sciences facility, located in Genome Valley, Hyderabad.
Genome Valley, a major hub of life sciences innovation and growth, stands as a testament to the State’s commitment to advancing the sector. Owned by Rx Propellant, 3GV is a multi-tenant facility with an investment of Rs 105 crore, hosting over 1,000 people across its 150,000 square feet of sustainable infrastructure. The facility emphasises environmental responsibility, with advanced lab spaces designed for companies of all sizes.
Minister Sridhar Babu also visited Synopolis to participate in the Vision Forum, part of the Genome Valley Connect 2024 event, where he engaged with 50-60 key industry leaders. Together, they discussed innovation and opportunities to shape the future of Genome Valley. During the event, the Minister launched the blueprint and logo for the Hyderabad International Lifesciences Square (HILS), a 300-acre international life sciences corridor in Genome Valley Phase 2. HILS is poised to foster cutting-edge facilities and global collaborations, further establishing Hyderabad as a key player in the global life sciences sector.
Speaking on the occasion, Minister Sridhar Babu said,

“Genome Valley is lighting the way for our ambitions, with Hyderabad International Lifesciences Square (HILS) ushering in a new era for the life sciences ecosystem. It will be a launchpad for international giants, driving innovation and collaboration. These state-of-the-art facilities are not just about building infrastructure; they are about creating a future where Telangana leads the way in life sciences and draws new investments from renowned international companies.”
At the inauguration of 3GV, Milind Ravi, CEO of Rx Propellant, highlighted the facility’s green credentials, “We are proud to announce the inauguration of 3GV, our flagship life sciences facility in Genome Valley, Hyderabad.”

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