India Poised to Lead Global Bio-Manufacturing Revolution

Union Minister Jitendra Singh announced that bio-manufacturing will shape the global economy's future, with India in a prime position to lead due to its abundant bio-resources. The recently approved BioE3 Policy aims to enhance research, technology, and production across various industries, promoting sustainability and self-reliance.


Devdiscourse News Desk | New Delhi | Updated: 31-08-2024 16:14 IST | Created: 31-08-2024 16:14 IST
India Poised to Lead Global Bio-Manufacturing Revolution
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  • India

Union Minister Jitendra Singh on Saturday emphasized that bio-manufacturing is set to shape the future of the global economy, and India is strategically positioned to spearhead this transformation due to its abundant bio-resources. ''India has an opportunity to lead the next big revolution which will be driven by bio-manufacturing. While the west led the IT revolution, India, with its immense and largely untapped bio-resources, is ready to take the lead,'' Singh commented.

He noted that bio-manufacturing offers solutions to pressing global issues such as climate change, resource depletion, waste generation, and pollution. The technology can meet burgeoning demands for food and fuel while creating new employment opportunities.

Singh highlighted India's dependence on imported crude oil but stressed that bio-manufacturing using biomass and carbon dioxide could make the country more self-reliant in fuel production. In addition, it could bolster the dairy industry with non-dairy milk alternatives, fostering resource sustainability.

The Union Cabinet recently approved the 'BioE3 (Biotechnology for Economy, Environment and Employment) Policy for Fostering High Performance Biomanufacturing.' This new policy aims to enhance research, technology development, and commercialization by establishing bio-manufacturing and bio-AI hubs and biofoundries. It seeks to facilitate the production of a range of products, from medicines to materials, and promote advanced biotechnological processes in agriculture and manufacturing.

(With inputs from agencies.)

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