Biomanufacturing and Bio-AI Hub Initiative Gains Centre's Support in Bhubaneswar Latest News

Friday, 4 October 2024, 16:00

Biomanufacturing and Bio-AI hub initiative advances in Odisha as the Centre commits support, enhancing Bhubaneswar news live. This project will boost startups and small businesses in biotechnology. With technical assistance from DBT and local government backing, this initiative marks a significant step for biomanufacturing by 2030.
Indiatimes
Biomanufacturing and Bio-AI Hub Initiative Gains Centre's Support in Bhubaneswar Latest News

Biomanufacturing Hub Initiative in Bhubaneswar

The Department of Biotechnology (DBT) has pledged its support to the Odisha government to establish a new biomanufacturing and Bio-AI hub. According to DBT secretary Rajesh S Gokhale, this initiative is a tremendous opportunity for startups and small entrepreneurs in the biotechnology sector. The DBT will provide essential technical know-how while the state government will offer land and other necessary assistance.

Impact of the Hub on Startups

Gokhale emphasized the importance of this collaboration, stating, “Startups working in the biotechnology and biomanufacturing areas will significantly benefit.” This development is part of the government's broader goals under the Bio-E3 policy, aiming to transform biotechnology into a vital economic contributor by 2030.

Significance of Biomanufacturing

  • The biotechnology sector aims to contribute 4-6% to the economy by 2030.
  • ILS will aid in high-value bio-based chemicals, biopolymers, smart proteins, and more.
  • Advanced infrastructure at the ILS bio-incubator supports cutting-edge research.

Among notable developments, Punjab’s biotechnology policy highlights areas of focus including precision biotherapeutics and climate-resilient agriculture.

Community Engagement and Awareness

  1. DBT and Odisha’s government plan to work closely with the ILS.
  2. Collaboration aims to position Odisha as a major player in biotechnology.
  3. The recent launch of plant-based protein powders exemplifies local innovation.

For more updates on biotechnology initiatives, it is recommended to keep following Bhawaneswar news today.


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.


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