PXL/HO/Cir-071/2022-23 Date: 09.12.2022
Hyderabad
Greetings from Pharmexcil!
SUBJECT: Biotechnology Policy 2022-27 of Government of Gujarat
We are glad to share Guajarat's Biotechnology Policy 2022-27, introduced by Department of Science & Technology, Government of Gujarat for Gujarat. Gujarat State Biotechnology Mission, which is the biotechnology facilitation arm of the state Department of Science and Technology. Mission was established in 2004, and since inception has been working to strengthen the Research, Business and Human Resource pillars of biotechnology in the state.
As you would be aware, Gujarat is the epicenter of industry and enterprise lead economy, and a genitor of many pharma companies in the country. Gujarat is the land of enterprising people, and understanding the same, the state government has aligned its policies and other infrastructure supports towards pushing the industrial sector of the state. With revised Industrial Policy, IT/ITeS Policy, Semiconductor Policy, Biotechnology Policy and other sectoral policies, the state government wants to ensure that the sectoral innovations are taken care of and taken ahead to release their potential.
Gujarat is focused to encourage investment in the Biotechnology sector in the state. The state government has come up with Biotechnology Policy 2022-27, reiterating the commitment of Gujarat to promote rapid and inclusive growth in the biotechnology sector in Gujarat. The Policy offers several attractive incentives to companies setting up operations in the state. This policy will provide 25% CapEx support, 15% OpEx support for 5 years, 7% Interest Subsidy and many such incentives; with a special support for Mega/ Special/ Ecosystem Strengthening Projects.
The Biotechnology Policy 2022-27 for GUJARAT is enclosed. For any further clarifications, members may write to mnbtm7@gujarat.gov.in, nishantvasani@kpmg.com
Warm Regards,
Udaya Bhaskar
Director General
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