The Gujarat Government signed MoUs with 15 companies worth ₹2000 crore for new investments in the biotechnology sector. The state will offer incentives including 25% CAPEX support, 15% OPEX support for five years, a 7% interest subsidy on bank loans, and employment support to aid in the establishment of new biotech industries.
15 companies sign MoUs worth Rs 2000 crore, in a day, for investments in biotech sector
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