The Kerala State Industrial Development Corporation will set up a Life Science Park under the public-private partnership mode in Thiruvananthapuram district with an outlay of INR 300 crore. KSIDC officials said the park would come up at a 260-acre campus near Thonnakkal. The park is proposed to be a geographic cluster of industries in biotech and nanotech domains, research institutions and sci-tech academia.
Officials said the park would be a knowledge centre consisting of an incubation centre and a technology development centre, housing biotech, drug discovery and pure play companies besides contract research outsourcing firms with a focus on human health.