India is poised to lead the global biotechnology revolution, with breakthroughs and innovations that will shape the future of the industry on a global scale.
By 2025, India will play a pivotal role in the global biotech revolution, and the first Bio-E3 policy is already laying the foundation, says Dr Jitendra Singh, Minister of State for Science and Technology. The Bio-E3 policy () marks a major milestone for India’s biotech sector, reinforcing its potential to shape the country’s economy, employment landscape and environmental sustainability for years to come. In an interaction with Doordarshan News, the minister highlighted India’s significant advancements in biotechnology and the nation’s growing global leadership in this field. “India is not only a leader in biotechnology, but is now at the center of a global biotechnology boom, which will foster innovation, create jobs and strengthen environmental commitments,” said Dr. Jitendra Singh.
He emphasized the critical role of biotechnology in India’s future, particularly as the country continues to embrace innovation, technology-based interventions and startups. “Prime Minister Modi’s vision has consistently prioritized innovation and technological advancement, driving India’s evolution into a global biotech powerhouse,” said Doctor Singh. India currently accounts for 60 percent of global vaccine production and is home to the second-largest number of USFDA-approved manufacturing plants outside the United States.
Dr. Singh further compared the current “biorevolution” in India with the IT revolution driven by the West, highlighting that the country’s rich natural and biodiversity resources are key to the success of its biotechnology. He also praised the efforts of Indian startups leveraging biotechnology to create innovative solutions like non-human milk and other sustainable products.
The minister highlighted ongoing initiatives such as the Deep Sea Mission, which Prime Minister Modi has referred to on multiple occasions, and the Anusandhan National Research Foundation (NRF), which will foster innovation with a contribution of 60 per cent of the private sector.
Reference:
- BioE3 Policy: Accelerate sustainable biomanufacturing – (https://bmi.dbtindia.gov.in/)
Source-IANS