High-Performance Biomanufacturing Policy Approval in India Drives Innovation and Green Growth
Saturday, 24 August 2024, 14:41
India's High-Performance Biomanufacturing Policy News
The Union Cabinet in India approved a new biotech policy known as BioE3, intended to boost innovation, support the bio-economy, and promote green growth. This policy aims at significant advancements towards India's net zero emissions target by 2070.
Features of the BioE3 Policy
- Establishment of biomanufacturing facilities
- Creation of Bio-AI hubs
- Fostering entrepreneurship and commercialisation
The initiative not only supports R&D in bio-based products, but it also aims to enhance efficiency and synchronisation in funding through the Vigyan Dhara scheme. This scheme merges various programs focused on human capacity building and technological deployment.
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.