India's BioE3 Policy: Revolutionizing the Bioeconomic Landscape

India's ambitious BioE3 policy aims to revolutionize the bioeconomic sector, driving it towards a growth of Rs 25 lakh crore by 2030. The Rajiv Gandhi Centre for Biotechnology is leading efforts in Kerala to transition from chemical-based industries to bio-manufacturing hubs, promoting a cleaner environment and boosting employment.

The new BioE3 policy, aimed at placing India at the forefront of the next industrial revolution, is poised to attract massive investments for innovation in the bioeconomic sector. Scientists anticipate growth reaching Rs 25 lakh crore by 2030.

The Rajiv Gandhi Centre for Biotechnology (RGCB) has started initiatives to transform Kerala from chemical-based industries to bio-manufacturing hubs. This move is geared towards bolstering the economy and addressing food, energy, and climate challenges.

Dr. Chandrabhas Narayana, Director of RGCB, praised the policy, highlighting its potential for cleaner and greener industrial practices. RGCB will conduct awareness programs across Kerala, emphasizing the policy's benefits. Following a recent approval, officials from the Department of Science and Technology (DST) expressed enthusiasm for Kerala's leadership in implementing the BioE3 policy.

The state-wide drive will feature workshops and discussions, aiming to achieve carbon-neutrality and meet the country's demands for food and fuel while providing employment opportunities. Experts addressed queries from startups about funding, collaboration, and commercialization of innovations.

(With inputs from agencies.)