Jammu and Kashmir (J&K) Lieutenant Governor, Manoj Sinha and Union minister Jitendra Singh inaugurated the north India’s first Industrial Biotech Park constructed at Ghatti near Kathua. The Industrial Biotech Park at Kathua will transform the economy and enable scientists to tackle the challenges of climate change. The enabling infrastructure will fuel a new wave of innovation and impact various sectors, from health and agriculture to cosmetics and materials.
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About the Industrial Biotech Park:
- With new biotech capabilities and innovation, J&K, bestowed with more than 3500 medicinal plant species, will be able to harness market advantages in the most effective way and help the farmers to generate more income, asserted the Lt Governor.
- The new Industrial Development Scheme has enabled J&K to fetch investment of more than Rs 38,800 crore as of date, which also includes proposals of 338 industrial units associated with the biotech sector in some way or the other.
- The Biotech Park would act as the hub for the incubation of new ideas and will act as a robust platform to support the agri-entrepreneurs, startups, progressive farmers, scientists, scholars and students not only from Jammu and Kashmir and Ladakh but also from nearby states of Punjab, Haryana and Himachal Pradesh.