'Bangalore Bio.Com will redefine Indian biotech'

By Our Special Correspondent

BANGALORE, FEB. 12. With India finally on the fast track in the biotech arena, Bangalore is set to repeat its success in IT in this sector, the Secretary for Information Technology, Mr. Vivek Kulkarni, said here on Monday.

He told presspersons that with an estimated market size equivalent to $4.5 billion by 2010, the Indian biotech market was set to compete in the big league. The State Government was setting up an "Institute of Bioinformatics and Applied Biotechnology (IBAB)" in collaboration with ICICI Ltd. to provide training in bioinformatics, considered the fastest growing segment in the knowledge industry, he added.

"Bangalore Bio.Com", from April 15 to 17, the first international expo of its kind to be held here, would redefine Indian biotech, Mr. Kulkarni said. It would have representatives from the healthcare, bioinformatics, biofuels and genomics sectors, and a large overseas presence was expected, he added.

Organised by the Vision Group on Biotechnology appointed late last year by the State Government, and co-organised by Trade Fairs and Conferences International (TFCI), a leader in organising niche technology trade shows, Bio.Com was expected to help Bangalore take a leading role in creating a fertile environment for the growth of Indian biotech, the IT secretary explained.

The Bio.Com conference would have key speakers from various segments of the biotech industry including experts from overseas. The participants would be decision-makers and influential persons from the biotechnology industry and academia. The trade show had been designed to attract the industry's key players for whom the event was expected provide an opportunity to showcase and promote the latest biotechnology products, technologies, equipment and services, Mr. Kulkarni said.

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