New Delhi, March 19 (IANS) Union Minister Dr Jitendra Singh on Thursday said that India’s bioeconomy has expanded significantly to over $195 billion in 2025, from around $10 billion in 2014.Addressing the 14th Foundation Day of the Biotechnology Industry Research Assistance Council (BIRAC) here, the minister said the sector has witnessed strong growth, registering an annual expansion of around 17-18 per cent in the past year alone.He noted that biotechnology is emerging as a key pillar of Indi…
Latest BioE3 Policy News & Updates
New Delhi, March 1 (IANS) India is preparing for a bio-driven economy where biotechnology will shape the future of manufacturing, healthcare and sustainable growth, Union Minister Dr. Jitendra Singh said on Sunday.The Minister was speaking after inaugurating a new state-of-the-art “Central Facility for Recombinant Cells and Sensors” at BRIC-Rajiv Gandhi Centre for Biotechnology (BRIC-RGCB) in Thiruvananthapuram, Kerala, on the occasion of National Science Day.“The new facility will strengt…
Thiruvananthapuram, Feb 28 (IANS) Emphasising a decisive shift toward a bio-driven economic paradigm, Minister of State (MoS) Jitendra Singh said on Saturday that the Centre’s BioE3 Policy reflects a long-term strategic vision positioning biotechnology at the heart of India’s growth trajectory. Addressing a gathering after laying the foundation stone for a state-of-the-art current Good Manufacturing Practice (cGMP) facility at the Akkulam campus of BRIC-Rajiv Gandhi Centre for Biotechnology (RGC…
New Delhi, Feb 13 (IANS) The government on Friday approved the first national call for the Rs 2,000 crore BIRAC–RDI Fund, under the Rs 1 lakh crore Research, Development, and Innovation (RDI) initiative to boost biotech sector.Union Minister Dr Jitendra said the launch reflects a decisive shift in India’s approach to science-led growth and signals that the country is no longer a late entrant but an early mover in emerging technologies.He said the transformation is visible in the expansion of…