M K Stalin was addressing a roundtable on Biotechnology – The Development of Biotechnology & Its Enabled Services – Inputs for Vision 2020 Document of Tamil Nadu. In his speech he said that a Marine Bio-Technology Park would be set up at Mamallapuram. He was released ‘Framework Document for the Development of Biotechnology and Enabled Services – Inputs for Vision 2010 Document for Tamil Nadu` in a function organized by Confederation of India Industry, Chennai on Monday. Stalin said that that the State government had already identified 300 acres for the purpose. R Nandini, the Chairperson CII, Tamil Nadu State Council, and, P.M. Murali, convener, CII Tamil Nadu Biotechnology panel right were present in the function.
The deputy Chief Minister said that encouraged by the success of TICEL Biotechnology Park-I, the State government was establishing TICEL Biotechnology Park-II at the cost of Rs.150 crore.Mr Stalin said Park-II would be completed in 2011 and would provide employment opportunities for 1,500 scientists.
Dr. P M Murali, Convener, CII Tamil Nadu Biotechnology Panel, said the Rs 14,000-crore biotech industry in India was expected to expand 5 times by 2015.