India's BioE3 Policy Aims to Lead Next Industrial Revolution

India's newly approved BioE3 policy aims to position the country at the forefront of the next industrial revolution by fostering innovation in biomanufacturing. This policy targets food, energy, and climate challenges through advanced biotechnological processes, offering sustainable solutions like biodegradable polymers and non-dairy milk alternatives.

India is positioning itself at the forefront of the next industrial revolution with its new biomanufacturing policy designed to tackle food, energy, and climate challenges, officials said on Sunday.

Approved by the Union Cabinet on Saturday, the BioE3 policy aims to boost innovation and entrepreneurship in biomanufacturing, focusing on sustainable bio-based products. Finance Minister Nirmala Sitharaman highlighted the policy in the Interim Budget, emphasizing environment-friendly alternatives like biodegradable polymers and biopharmaceuticals.

According to Rajesh Gokhale, Secretary of the Department of Biotechnology, biomanufacturing will help existing industries meet demands for food and fuel while creating new job opportunities. The BioE3 policy aligns with India's goal of becoming a developed nation by 2047, offering solutions to climate change, resource depletion, and waste generation. Research facilities in Delhi and Mohali are key contributors to this initiative.

(With inputs from agencies.)