Ministry of Science & Technology
Aims and Objectives of BioE3 Policy
Posted On: 27 NOV 2024 6:52PM by PIB Delhi
The objective of the BioE3 Policy is to set forth a framework that ensures the adoption of cutting-edge
advanced technologies, and aligning innovative research for promoting Biomanufacturing. The BioE3 Policy
outlines guidelines and principles for enabling mechanisms for ‘Fostering High Performance
Biomanufacturing’ in the country across diverse sectors. The Policy aims at revolutionizing the
biomanufacturing process for enhanced efficiency, sustainability, and quality while also accelerating the
development and production of bio-based high-value products.
The BioE3 Policy is aligned with India’s vision of Green Growth (announced in the Union Budget 2023-24)
and also with the clarion call of the Hon’ble Prime Minister on ‘Lifestyle for Environment (LiFE)’ that
envisions collective approach towards sustainability. The Policy also aligns with the Hon’ble Prime Ministers
vision of ‘Net-Zero’ carbon economy of the country. Further, the Biomanufacturing and Biofoundry initiative
has been announced as a scheme during Government’s Interim Budget for 2024-25.
Highlights of achievements of India Bioeconomy over the last ten years are as follows:
As in December 2023, Bioeconomy contributes 4.25% to India’s Gross Domestic Product (GDP) of $3.55
trillion
Indian Bioeconomy has grown from $10 billion in 2014 to $151 billion in 2023, achieving this target two
years ahead of projections for 2025.
Number of Biotech Startups have grown from 50 Biotech Startups in 2014 to 8,531 Biotech Startups in 2023.
DBT-BIRAC have issued a joint call to invite proposals for setting up of “ BioEnablers – Biofoundries and
Biomanufacturing Hubs” in the country. All the proposals received are under evaluation.
The BioE3 Policy aims at accelerating development of technologies for bio-based products and their
commercialization by setting up of BioEnablers that include Bio-Artificial (Bio-AI) Intelligence Hubs,
Biofoundries and Biomanufacturing Hubs across the country. Bio-AI hubs will be set up to augment research
and innovation for the development of technologies for bio-based products across the identified thematic
sectors/subsectors of Biomanufacturing, by powering data-driven research and AI informed predictive
analytics. The Bio Foundries and Biomanufacturing Hubs will aim at setting up of infrastructure/ facilities for
augmenting scale up of technologies for bio-based products. The key performance indicators (KPIs) for
meaningful success have been identified in terms of setting up of Bio Foundries and Biomanufacturing Hubs.
DBT-BIRAC have issued a joint call for proposals to invite applications for setting up of “ BioEnablers –
Biofoundries and Biomanufacturing Hubs” in both academia and industry. The Bio-Enablers will also provide
training and internship for building human resources with the required interdisciplinary, cross functional
technical skills to foster biomanufacturing.
The BioE3 Policy is aligned with India’s vision of Green Growth (announced in the Union Budget 2023-24)
and also with the clarion call of the Hon’ble Prime Minister on ‘Lifestyle for Environment (LiFE)’ which
envisions collective approach towards sustainability. The Policy also aligns with the Hon’ble Prime Ministers
vision of ‘Net-Zero’ carbon economy of the country. Further, the Biomanufacturing and Biofoundry initiative
has been announced as a scheme during Government’s Interim Budget for 2024-25.
Based on National Consultation meeting and inter-ministerial consultations six thematic sectors along with
sub sectors of national importance have been prioritised for implementation under the BioE3 Policy. These
include (i) Bio-based chemicals and enzymes, (ii) Functional foods and Smart proteins, (iii) Precision
biotherapeutics, (iv) Climate resilient agriculture, (v) Carbon capture and its utilization, (vi) Futuristic marine
and space research. A series of Sectoral Expert Committee meetings have been conducted across the country
and current scenario (both global and national), gaps and challenges as well as existing strengths and
opportunities have been identified for each selected sector/ sub-sector. These are currently being addressed.
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NKR/KS
(Release ID: 2078063)
