What is BioE3 policy?
The BioE3 policy aims to enhance manufacturing in the biotechnology sector, focusing on the economy, environment, and employment.
The policy will accelerate technology development and commercialization by establishing Biomanufacturing & Bio-AI hubs and Biofoundry.
The policy seeks to reduce reliance on imports by developing local biotech manufacturing capabilities and fostering public-private partnerships.
To address the national priorities, the BioE3 Policy would broadly focus on the following six strategic/thematic sectors:
high value bio-based chemicals, biopolymers & enzymes;
smart proteins & functional foods;
precision biotherapeutics;
climate resilient agriculture;
carbon capture & its utilisation;
marine and space research.
Need for Long-Term Capital Investments in Biotechnology Initiatives in India
Long-term investments are essential to build and sustain biotech manufacturing infrastructure and facilities.
Investment in local manufacturing will reduce dependence on imports, enhancing India’s international competitiveness in biotechnology.
The success of biotech initiatives requires strong cooperation between the central and state governments, along with consistent financial and infrastructural support.
Long-term capital investments ensure that biotechnology can evolve beyond immediate needs, supporting future industries grounded in eco-friendly and sustainable technologies.
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