Chandigarh: In what comes as a boost for state's knowledge sector, a technical university of Finland has approached the Punjab government to set up a world class biotech and pharma research lab at Mohali near Chandigarh.

A delegation of Finnish entrepreneurs, led by Indian-origin entrepreneur Atul Khanna, called on Punjab Deputy Chief Minister Sukhbir Singh Badal and expressed their interest in this regard, an official release said.

The Rs 30 crore-project lab, proposed in Mohali, will promote R&D linkages with the industry and will provide scope for translational, application-based research, Khanna told Badal.

The lab will come up on 3 acres of land and its construction will be completed within 12 months.

Assuring all possible support to the delegation, Badal said he will ask the Punjab Technical University to work out the process for a joint venture in this regard, the release said.


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