India News Today: BioE3 Policy Set to Revolutionize Biomanufacturing and Green Growth
BioE3: A Groundbreaking Move for Biomanufacturing in India
NEW DELHI: The latest today news from India reports that the Union Cabinet has given its nod to an innovative biotech policy dubbed BioE3, which is designed to foster high-performance biomanufacturing. This significant initiative will support innovation-driven efforts in the bio-economy and promote green growth.
Key Features of the BioE3 Policy
- Support for Innovative R&D: Integrate various biomanufacturing schemes under the unified 'Vigyan Dhara' framework, optimizing efficiency and resource utilization.
- Focus on biomanufacturing of high-value bio-based chemicals and smart proteins to meet industry demands.
- Goals for Net-Zero Emissions: Align with India's goal of achieving net-zero emissions by 2070, emphasizing sustainability.
- Investment of over Rs 10,579 crore for the implementation of 'Vigyan Dhara' between 2021-26.
The BioE3 initiative aims to establish a robust framework for driving technological advancements in biomanufacturing. The government is looking towards creating Bio-AI hubs and biofoundries to foster entrepreneurship and commercialization.
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.