Why in news
The Department of Biotechnology held a consultation with States to discuss setting up biomanufacturing facilities.
The BioE3 policy was approved by the Union Cabinet in August 2024, aiming to promote biotechnology in India.
BioE3 policy
The BioE3 is aimed at fostering high-performance biomanufacturing, which involves the production of bio-based products across various sectors.
The policy aligns with broader national goals such as achieving a 'Net Zero' carbon economy and promoting sustainable growth through a circular bioeconomy.
The BioE3 policy emphasizes innovation R&D and entrepreneurship, establishes Biomanufacturing & Bio-AI hubs and Biofoundries
Aims to expand India's skilled biotechnology workforce, aligns with 'Lifestyle for Environment' programs, and targets the development of regenerative bioeconomy models.
The BioE3 Policy aims to generate significant employment, especially in tier-II and tier-III cities through the establishment of biomanufacturing hubs.
These hubs will utilise local biomass, fostering regional economic growth and equitable development.
The policy also emphasizes ethical biosafety and global regulatory alignment to boost India's global competitiveness while ensuring responsible biotechnology development.
Core Themes of the BioE3 Policy:
Bio-Based Chemicals and Enzymes: Development of advanced bio-based chemicals and enzymes to reduce environmental impact.
Functional Foods and Smart Proteins: Innovations in functional foods and smart proteins to enhance nutrition and food security.
Precision Biotherapeutics: Advancing precision medicine and biotherapeutics to improve healthcare outcomes.
Climate Resilient Agriculture: Promoting agricultural practices that are resilient to climate change, ensuring food security.
Carbon Capture and Utilization: Fostering technologies for efficient carbon capture and its utilization in various industries.
Futuristic Marine and Space Research: Expanding research in marine and space biotechnology to explore new frontiers in biomanufacturing.
COMMENTS