BT Investments
The Vibrant Gujarat Summit has become an example of visionary approach of the State Government to investment promotion and advancement of economic and social development for many states. The event provides enormous prospects to the State to display its strengths,
progressive stand, initiatives, investor friendly climate and culture of Gujarat. Biotechnology has been identified as a prospective sector for investment in Gujarat, during Vibrant Gujarat events conducted earlier. The successful summits have given boost
and encouragement to the sector. Like the preceding events, Biotechnology is one of the key sectors in the vibrant Gujarat: Global Investor Summit.
To this date, there is an increase in the investment for development of Biotechnology sector across Gujarat. Starting from committed investment of Rs.34 crores in 2003 to Rs 5058 crores in 2011, there has been continuous and gradual increase in investment in
biotechnology sector in Gujarat.
Since 2005,104 MOUs were signed with 109 projects during various Vibrant Gujarat: Global Investrors Summit from which 1761.2 crores is already invested by companies, 242.81 crores are under implementation, 114.5crores of investment is at preliminary stage.
All these projects are being implemented as a expansion of the existing facility, new biotechnology companies, products by local and global players of Biotechnology.
Following data provides further information about the success of Vibrant Gujarat in Biotechnology sector.
Commissioned Project during signed VGGIS 2005 Event
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Name of the Company: Concord Biotech Ltd.
Investment Amount: 20 crores
Project: Industrial enzymes
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Name of the Company: Cadila Pharmaceuticals Ltd.
Investment Amount: 5 crores
Project: Development of Thrombolytic agents, Cytokines and Biocompatible polymer.
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Name of the Company: Synchron Research Service Ltd
Investment Amount: 5 crores
Project: Clinical research service facility
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Commissioned Project during signed VGGIS 2007 Event
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Name of the Company: Hester Biosciences Ltd.
Investment Amount: 39 crores
Project: Development of poultry vaccines.
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Name of the Company: Concord Biotech Ltd.
Investment Amount: 15 crores
Project: Development of the Biotechnology based products.
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The Asia-Pacific Bioinformatics Network (APBioNet)
- The Virtual institute of Bioinformatics (BIT Virtual)
- Knowledge Partnership was developed for High end research infrastructure in Bioinformatics
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Progeniq Private Limited.
- The Virtual institute of Bioinformatics (BIT Virtual)
- Knowledge Partnership was developed for High end research infrastructure in Bioinformatics
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Name of the Company: Stemcyte India Pvt. Ltd.
Investment Amount: 20 crores
Project: Umbilical cord blood banking and stem cells research.
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Name of the Company: Zytex BiotechPvt. Ltd
Investment Amount: 11 crores
Project: Manufacturing of enzymes, Nutraceutical, Biopolymers, etc.
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Commissioned Project during signed VGGIS 2009 Event
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Name of the Company: Biomix Network Ltd.
Investment Amount: 40 crores
Project: Development of Neutraceutical/ Pharma Immune Booster Formulations.
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Name of the Company: Agriland Biotech
Investment Amount: 2 crores
Project: Project on Biofertilizer-GlomusFasciculatum, a VesicularArbuscularMycorrhizae.
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Name of the Company: Zydus Cadila
Investment Amount: 250 crores
Project: Vaccine Production
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Name of the Company: Chembond Enzyme Ltd.
Investment Amount: 10 crores
Project: Development of industrial enzymes.
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Name of the Company: Chiron Behring Vaccines Pvt Ltd.
Investment Amount: 21 crores
Project: Development of rabies vaccine.
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Name of the Company: Concord Biotech Ltd.
Investment Amount: 14 crores
Project: Expansion of existing facility.
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Name of the Company: Greendiam Exim Pvt. Ltd.
Investment Amount: 75 crores
Project: Environmentally safe plastic products
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Name of the Company: Hester Biosciences Ltd.
Investment Amount: 15 crores
Project: Research & Development centre for animal Disease Surveillance.
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Name of the Company: RPG Life Sciences Ltd
Investment Amount: 70 crores
Project: Biotech API, Life saving anti-cancer & immunosuppressant bulk drugs.
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Name of the Company: Sun Pharmaceuticasls Industries Ltd.
Investment Amount: 30 crores
Project: Biotech R & D facility.
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Name of the Company: Piramal Pharmaceutical Development Services Pvt. Ltd.
Investment Amount: 42 crores
Project: R & D Services related to Pharmaceutical Development & scale up and clinical manufacturing of Solid dosage Forms.
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Name of the Company: Swati SpentosePvt Ltd
Investment Amount: 50 crores
Project: Development of Biotech Bulk Drugs
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Name of the Company: Thamna Health & Education Trust
Investment Amount: 13 crores
Project: Installation of Biogas Based Power Generation Co-generation.
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Name of the Company: Unimark Remedies Ltd.
Investment Amount: 10 crores
Project: Development of Biotechnology products.
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Name of the Company: Torrent Pharmaceuticals Ltd.
Investment Amount: 45 crores
Project: Sterile Finished Formulation Plant for Insullin (Novo Nordisk)
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Name of the Company: Vaishnavi Biotech Pvt Ltd
Investment Amount: 56 crores
Project: Development of Organic fertilizers/Manures, Bio-Fertilizers & Control Agents, Cattle feed, Poultry feed, Bulk drug/Nutraceutical product
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Name of the Company: Xcelris Labs
Investment Amount: 45 crores
Project: Contract Research & Services Organization providing: a) Pharmaceutical Products development & analytical services and b) Biotechnology services including genomics, bio-pharmaceutical development with the investment of Rs. 20 Cr.
With 5 employment generation
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Commissioned Project during signed VGGIS 2011 Event
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Name of the Company: Concord Biotech Ltd
Investment Amount: 70 crores
Project: Production of antibiotics, enzymes immunosuppressant, by biotechnology route.
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Name of the Company: Envy International Pvt. Ltd. - Human Biosciences
Investment Amount: 85 crores
Project: Collagen Based Product, advanced biomaterials for treating wounds.
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Name of the Company: Fermenta Biotech Ltd
Investment Amount: 75 crores
Project: Manufacturing of Vitamin D3 & Penicillin G amidase enzyme biocatalyst & related products.
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Name of the Company: Chiron Behring Vaccines Pvt. Ltd.
Investment Amount: 140 crores
Project: Primary-Healthcare; Preventive Medicine
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Name of the Company: Century Pharmaceuticals Ltd
Investment Amount: 10 crores
Project: Commercialization of a novel recombinant protein for Asthma and Allergy.
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Name of the Company: Gujarat Agro Farm Ltd
Investment Amount: 3 crores
Project: Production of media for biological product.
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Name of the Company: Beacon Diagnostics Pvt. Ltd.
Investment Amount: 1 crores
Project: Development of diagnostic reagents.
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