Discover the Impact of the 'BioE3' Policy on Biotechnology in India

Saturday, 24 August 2024, 11:31

Ashwini Vaishnaw announces the 'BioE3' policy aimed at boosting biotechnology innovation. This initiative focuses on economic, environmental, and employment growth in India. By prioritizing high-performance biomanufacturing and green growth, the policy promises to transform the biotech landscape, enhancing research, development, and job creation.
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Discover the Impact of the 'BioE3' Policy on Biotechnology in India

Ashwini Vaishnaw Announces 'BioE3' Policy

New Delhi: The Union Cabinet on Saturday approved the 'BioE3' (Biotechnology for Economy, Environment and Employment) policy for fostering high-performance biomanufacturing of the Department of Biotechnology.

According to Information and Broadcasting Minister Ashwini Vaishnaw, the BioE3 policy seeks to include innovation-driven support for research and development and entrepreneurship across thematic sectors.

Driving Biotechnology Innovation

This strategy will accelerate technology development and commercialization by establishing biomanufacturing and bio-AI hubs and biofoundries, he said.

  • Green Growth: Prioritizing regenerative bioeconomy models
  • Job Creation: Facilitating the expansion of India’s skilled workforce
  • Government Initiatives: Strengthening plans for a ‘Net Zero’ carbon economy

An official statement emphasized that the policy will further strengthen government initiatives, steering India towards accelerated 'Green Growth' by promoting a 'Circular Bioeconomy'.


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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