Question

At which place has the Central Government decided to set up a sector specific SEZ in biotechnology?

• A. Bengaluru
• B. Hyderabad
• C. New Delhi
• D. Cuttack

Hint:

Hyderabad is a major biotechnology hub in India and hosts the Genome Valley biotechnology SEZ.

Answer 1

The Correct Option is B

The question asks about the location where the Central Government has decided to establish a sector-specific Special Economic Zone (SEZ) in the field of biotechnology. To find the correct answer, let's consider the following points:

1. Understanding SEZs: A Special Economic Zone or SEZ is a designated area in a country that is subject to unique economic regulations that differ from other regions within the same country. These regulations tend to be conducive to foreign direct investment (FDI). SEZs are meant to boost economic growth through increased trade capacity, employment opportunities, and infrastructure development.
2. Context for Biotechnology SEZ: The biotechnology sector requires specific facilities and infrastructure to support research and development. Therefore, establishing a biotechnology-specific SEZ can enhance innovation, research, and commercial activity in this field.
3. Why Hyderabad?
   • Hyderabad is known as an emerging hub for biotechnology and pharmaceuticals in India.
   • The presence of numerous biotech companies and institutions make it a suitable location for a biotech SEZ. The city already has infrastructure supporting biotech research, making it a strategic choice.
4. Eliminating Other Options:
   • Bengaluru: Although it is known for IT and tech industries, Bengaluru is not currently recognized for an SEZ in biotechnology.
   • New Delhi: Being the capital city, it primarily serves administrative purposes rather than focusing on specialized industrial sectors like biotechnology.
   • Cuttack: This city is not prominently known for its biotechnology sector compared to Hyderabad.

Thus, based on the presence and development of the biotechnology industry, the correct answer is Hyderabad. This location offers the required facilities and potential for growth in the biotech sector, making it the logical choice for establishing a sector-specific SEZ in biotechnology.