The potential of biotech innovation ecosystem and its rapid growth have been well recognized as the key contributors to the growth of global bio-economy.
Globally there has been a major thrust towards encouraging growth the of the Start-ups, academia, and entrepreneurs, industry that are further steering the development Biotechnology ecosystem.
Global Bio- India which has been organized by DBT-BIRAC during 1st to 3rd of March 2021 and has participation of over 6000 delegates from 50 countries, convened a session on Startup of the Indian Conclave-Innovation Driven Bio- economy yesterday.
The Ministerformally announced the Project Biotechnology and released Indian Bio-economy ABLE,&’Biotech Investment Potential for Indian States Report’ by IFC. He Development Cell for Report by also remarked “The Indian biotechnology industry is on the cusp of entering a new era due to its capacity economic growth and development to the people of India and around the world. to provide significant The consolidated Indian Bio-economy report (Indian Bio Economy Report (IBER) is based on latest data representing the Biotech contribution to the Bio-economy.
This release followed by regular updates unto 2024-25 to track the progress and an overview of Roadmap for the Indian Biotechnology Industry to see Sector if there is a room to accelerate through policy initiatives, what are the gaps and grey areas that can either accentuate or stump Indian Biotech Sector’s USD 150 Billion Bio- economy journey to 2025.
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