Category: Uttaranchal SEZ
Uttaranchal government had announced its biotech policy in 2004 and declared biotech as a priority sector. This is natural as considering the state advantages of rich biodiversity, quality manpower, educational and research institutes. It proposed a 500 acres IT-BT park in Pantnagar in Kumaon region of the state and appointed Ernst Young as marketing consultant and assigned Hyderabad based Ramky Infra Consulting to design the project. However, the project could not take off due to economic slowdown and the land allotted to the project was given to other industries for their expansion activities resulting too little land for the project to take shape.