Kiran Mazumdar offers to setup biocon's R&D unit in Punjab

Image
Press Trust of India Chandigarh
Last Updated : Jan 19 2013 | 10:47 PM IST

Biotechnology firm Biocon is keen on setting up a research and development centre in Punjab at an investment of nearly Rs 100 crore in the state.    

Company Chairperson and Managing Director Kiran Mazumdar Shaw expressed the interest during a meeting with Chief Minister Parkash Singh Badal here yesterday.    

Such a centre would have a potential to employ about 200 scientists, she was quoted as saying in a statement.    

Shaw also emphasized the need to chalk out a joint action programme to involve the state's industry with Universities to work together for overcoming all the practical hardships being faced by both the sectors in the field of bio-technology.    

She also favoured clinical research in the medical units with the involvement of pharmaceutical industry.    

Badal assured Shaw that state government would extend full support and cooperation to them for setting up of Biocon's R&D unit in Punjab.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 21 2008 | 5:55 PM IST

Next Story