Bengaluru: Bangalore Bio, the flagship biotechnology event promoted by the Karnataka government and Vision Group will be renamed as the Bioeconomy Summit to focus on achieving a bioeconomy of $100 billion in the country.
The information technology, biotechnology and science and technology department of Karnataka would organize the event in the month of February every year. However, the event has been put on hold this year to make it “bigger and better”.
“It’s important for us to focus on investment. We are going call it Bioeconomy Summit this year. We are renaming it because Bangalore Bio and Bio Asia events are all in a standard format. We would like to be slightly different and for that, we need more preparations,” said the chairperson of Karnataka's Vision Group and CMD of Biocon, Kiran Mazumdar Shaw, who has been the face of Bangalore Bio over many years.