The union cabinet has approved a new policy named ‘Biotechnology for Economy, Environment, and Employment’ (BioE3), designed to enhance high-performance bio-manufacturing in India. Crafted by the Department of Biotechnology, the policy aims to foster innovation-driven research, development, and entrepreneurship across various sectors.
The BioE3 policy is set to accelerate biotechnology development and commercialization by establishing biomanufacturing hubs, bio-AI centers, and biofoundries. These initiatives will facilitate high-performance biomanufacturing, producing a diverse range of products from medicines to materials, and tackling issues in agriculture and food production through advanced biotechnological methods.
By focusing on green growth and regenerative bioeconomy models, the policy will also contribute to expanding India’s skilled workforce and generating significant employment opportunities. The BioE3 Policy aims to create a more sustainable, innovative, and responsive future, in line with India’s development goals.
As reported by msn.com, the policy emphasizes the need to invest in the industrialization of biology, promoting sustainable and circular practices. It will concentrate on strategic sectors such as high-value bio-based chemicals, biopolymers, smart proteins and functional foods, precision biotherapeutics, climate-resilient agriculture, carbon capture and utilization, and marine and space research, aligning with national priorities.
