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Karnataka Chief Minister Siddaramaiah lights the lamp to inaugurate Bangalore India Bio 2015 as ( from left) IT-BT Secretary Srivatsa Krishna, state IT-BT Minister SR Patil, Biocon MD Kiran Mazumdar-Shaw, Legislative Council member K Govindraj and Union Environment Minister Prakash Javadekar look on, February 9 2015
 
 
Biotech biggies gather in Bangalore

Bangalore, Feb 10, 2015- The focus was on agriculture and healthcare at the  15th edition of the India’s premier biotech event Bangalore INDIA BIO 2015. 
The UK was once more the key international presence in the event.   Interestingly individual US states like  Illinois  (represented by Global Pharma Device Solutions ( GPDS)   participated to highlight their  environments for biotech business.
Among other state participants, Uttar Pradesh  showcased its BioTechnology City  in Lucknow.
The event was   inaugurated in the city yesterday by Karnataka state Chief Minister  Siddaramaiah, who reminded the audience that 52% of all biotech firms including the top ten  in India are situated in Bangalore. Two central ministers were present:
Prakash Javadekar,  Union  Minister of State, Environment, Forest and Climate Change,  lauded the coopetition among key players in the industry which ensured an accelerated growth for the sector. Piyush Goyal, Minister of State for Power, Coal and New & Renewable Energy,  said the mantra of ‘Speak-Skill-Scale’ should be replicated in the industry.
Kiran Mazumdar Shaw, Chairperson of the Karnataka Vision Group on Biotechnology and  Chairman and Managing Director, Biocon  ,  said the industry needs to focus on innovation to accelerate growth.
The panel on  Going Beyond Start-Ups with Effective Scaling Strategies panel   representatives from Theramyt Novobiologics, Achira Labs, GridOctane, Perfint Healthcare Pvt Ltd, Navya Biotechnology and Green Power system, put forth their demand to the Government which included:
- Procurement sources to accommodate start-up companions
- Government considering investment in them
- Create platform to identify and nurture start-ups
Bangalore INDIA BIO is an annual event organized since2001,  by  the department of IT, BT and S&T, Government of Karnataka in association with the state's Vision Group of Biotechnology.  

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