- Rs 5,000 crore worth life sciences park to be set up in Bengaluru with an aim to generate employment for 50,000 people.
- The project is being set up under a public-private partnership with the government of Karnataka and private entity Labzone Corp.
- The first phase of the project is expected to be completed by December 2022. It will be spread across 9 million square feet in Bengaluru electronic city. 52.27 acres has been allotted.