Biomanufacturing and Bio-AI Hub Initiative in Odisha: Centre's Support for Startups
Biomanufacturing and Bio-AI Hub Initiative in Odisha
Bhubaneswar latest news highlights the Department of Biotechnology (DBT)'s support for establishing a biomanufacturing and bio-AI hub in Odisha. DBT secretary Rajesh S Gokhale announced this initiative following a meeting with chief secretary Manoj Ahuja.
Support for Startups
This initiative is designed to assist startups and small entrepreneurs within the biotechnology and biomanufacturing sectors, as confirmed by officials. The state government will provide land and necessary support, while DBT will contribute technical expertise.
Expected Impact on Economy
Rajesh S Gokhale stated that biotechnology could contribute significantly to India’s economy, projecting a contribution of 4-6% by 2030. The Bio-E3 policy (Biotechnology for Economy, Employment, and Environment) and Bio-RIDER (Biotechnology Research Innovation and Entrepreneurship Development) schemes, approved recently, will significantly boost the biomanufacturing landscape.
Conclusion
With advancements expected from institutes like the Institute of Life Sciences (ILS), Odisha positions itself as a forthcoming biotechnology hub, aligning with national policies for a sustainable future in this domain.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.