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BIOTECH BENGAL

BIOTECH BENGAL. A NEW BEGINNING. West Bengal: Fact Sheet. Population 82 million Area 88,752 sq. km Capital Kolkata Industrial Prodn. 4.5 % of India Food grain Prodn. 8.91% of India State Domestic Product $40 bln Industrial Investment $6.37 bln (1991-2004)

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BIOTECH BENGAL

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  1. BIOTECH BENGAL A NEW BEGINNING

  2. West Bengal: Fact Sheet Population 82 million Area 88,752 sq. km Capital Kolkata Industrial Prodn. 4.5 % of India Food grain Prodn. 8.91% of India State Domestic Product $40 bln Industrial Investment $6.37 bln (1991-2004) FDI $ 1.7893 bln (1991 - 2004)

  3. Growth Performance 1999-2000 to 2005-06 5.66 West Bengal 7.06 4.53 Karnataka 5.88 4.40 Gujarat 6.71 2.35 Tamilnadu 3.31 4.42 Andhra Pradesh 5.44 3.16 Maharashtra 4.92 SDP Growth Rate (%) Per Capita Income Growth (%) Source: West Bengal Economic Review 2005-2006

  4. West BengalAn attractive investment destination • Fastest growing State in India, with highest SDP growth rate & per capita income (1995 – 2005). • Ranked as one of the most attractive destinations for investment. • Identified by ASSOCHAM as main business growth centre with biotech as one of the potential areas of investment. • Gateway to North-Eastern India and South-East Asia.

  5. Advantage BengalKey enablers Human capital Low cost of operations Biodiversity Quality infrastructure support Conducive biotech policy

  6. Advantage BengalBiodiversity BIOGEOGRAPHIC ZONES OF WEST BENGAL • Himalayas to Bay of Bengal • Snows to mangrove forests & ocean • Rich forests & fertile plains • Diverse genepools for bioprospecting CENTRAL HIMALAYA CHHOTA-NAGPUR LOWER GANGETIC PLAIN EAST COAST

  7. Advantage Bengal Flora & fauna • 3580 species of flowering plants (21%). • 8708 species of animals (10%). (West Bengal Biodiversity Strategy & Action Plan 2002)

  8. Advantage BengalHuman capital • Tradition of high quality basic & applied research. • Many R&D organizations with excellent infrastructure. • Teams of competent scientists & technologists. • Under-graduate & PG level biotech degree courses since 1986-87. TCG Lifesciences IIT Kharagpur

  9. Advantage BengalPool of Talent • Over 7,46,500* enrol for graduate courses. • 20,000 students enrol in engineering. • *Annual Report 2006-07, Ministry of HRD, GOI.

  10. Advantage BengalBioinformatics • Already emerged as preferred IT destination in India with over 300 companies employing more than 55,000 IT professionals. • Ready for growth in biotech sector to utilize human & natural resources to fullest potential. • Major centres in Bose Institute, Calcutta University, IIT/ Kharagpur & IICB. • Calcutta University conducts 1-year advanced post-graduate diploma course in bioinformatics.

  11. West Bengal The State of Mind Nationally Highest Per capita spend on Education The Best are here • 26 Universities and institutes of national importance • 67 Engineering Colleges • 513 Degree Colleges • Source: Annual Report 2006-07 Ministry of HRD, GOI. IACS Calcutta University NUJS Jadavpur University

  12. West Bengal The State of Mind The Best are here • Bengal Engineering & Science University • Bose Institute • Indian Institute of Chemical Biology • Presidency College • St. Xaviers College • West Bengal University of Technology • National Institute of Cholera & Enteric Diseases • All India Institute of Hygiene & Public Health • Calcutta School of Tropical Medicine • West Bengal University of Health Sciences • Bidhan Chandra KrishiViswavidyalay IIT, Kharagpur IIM, Calcutta ISI, Kolkata

  13. Biotechnology in Bengal: Focus • Healthcare • Agriculture • Medicine • Genomics • Diagnostics • Industrial • Environmental protection

  14. Advantage BengalBiotech policy objectives include • Conservation of biodiversity through sustainable use. • Transfer of technology to grass-root levels. • Development of human resources for this sector. • Employment & income generation. • Quality infrastructure creation for biotech industries. • Attracting investment in biotechnology sector. • Creation of congenial environment for biotech industry through process simplification. • Addressing issues like intellectual property rights (IPR) protection, biosafety and bioethics.

  15. Advantage BengalFiscal incentives • State capital investment subsidy (upto 25% of fixed capital investment) • Interest subsidy • Waiver of electricity duty • Employment generation subsidy • Remission of stamp duty & registration fee • Subsidy for conversion to use piped gas • Subsidy for quality improvement

  16. Advantage BengalThe Biotech Park Approach • To accelerate development of technologies & their commercialization. • To create a wholesome ecosystem to nurture startups. • Parks with provisions for incubators, common facilities & commercial units. • To draw technical expertise & support from the universities & research institutes. • Various models: Govt funded/ PPP.

  17. Advantage BengalProposed Biotechnology Parks • Biotechnology Park (Kharagpur,WBBDC) • Biotechnology Knowledge Park (Anil Ambani Group) • Jagadish Bose Biotechnology Park (Bose Institute) • Ekta Incubation Centre (West Bengal University of Technology) • Biotechnology Park (Videocon) • Biotechnology Park (Calcutta University) • Biotechnology Park (Salt Lake,WBBDC)

  18. Advantage BengalPower supply Ranked Number 1 in power by NASSCOM & Gartner in 2005

  19. Advantage BengalBasic power tariff comparison (Rs/unit) Chennai Gurgaon Chandigarh Hyderabad Bangalore Kolkata Mumbai/Pune Source: C B Richard Ellis

  20. Advantage BengalExcellent connectivity • Has excellent international & last mile telecom connectivity. • State owned BSNL, Reliance, Bharti, TATA Indicom & other abundant bandwidth. Kolkata Mumbai Kochi Chennai

  21. Destination KolkataClass transport facility • Multiple modes of local transport: Metro underground rail network, circular railway, tramcars, ferries, buses, & cars. • Road infrastructure strengthened by a number of flyovers.

  22. Destination KolkataCost competitiveness • Lowest CMIE consumer price indices among the Indian metros. • At 15 to 20%, has the lowest job attrition rate. Hyderabad Bangalore Delhi Pune Mumbai Kolkata CP Index for urban non-manual workers as on Oct 2005

  23. Destination Kolkata Cost effectiveness 12% 100 100 97.8 91.9 89.7 88.4 Non Labour costs Labour Related costs Mumbai suburb Delhi B’lore Chennai Hyderabad Kolkata Source: India Today; CMIE Index; team analysis (Mumbai suburb = 100)

  24. Destination KolkataThe final score sheet DELHI BOMBAY KOLKATA BANGALORE HYDERABAD MADRAS Knowledge Capital Operating Costs Power & Telecom Transport & housing Political Stability , Law & order & Infrastructure Health Work culture Source : PwC India Poor Fair Good

  25. BengalIt makes sense to do business here • Lucrative return on investment with high potential for societal development. • With their exposure to biotech commercialization, scientists & faculty may provide consultancy assistance to biotech industry. • They could develop into bio-entrepreneurs with support of government policy & affordable technology incubation facilities.

  26. Business in BengalR&D and commercial activities • Contract research services • Translational research • Clinical trials • Bioinformatics On average takes 40% of costs Increases chances of success.

  27. BengalDestination of choice Blessed with abundant genetic resources, advantageous geographical location & highly skilled manpower as is required for a knowledge-based industry like biotechnology; West Bengal is thus an ideal destination for the biotech sector.

  28. Thank You

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