Telangana Industries Minister KT Rama Rao on Tuesday announced that Bharat Serums and Vaccines Ltd (BSV) has decided to set up a vaccine manufacturing facility in Hyderabad. The state of the art facility will be set up at Genome Valley in Hyderabad at a cost of ₹200 crore. "This will consolidate Hyderabad as vaccine hub of the world," KTR tweeted.