About BioE3 (Biotechnology for Economy, Environment and Employment) Policy:
- To be steered by the Department of Biotechnology, the policy is for fostering high-performance biomanufacturing.
- High-performance biomanufacturing is the ability to produce products from medicine to materials, address farming and food challenges, and promote manufacturing of bio-based products through the integration of advanced biotechnological processes.
- The policy seeks to include innovation-driven support for research and development and entrepreneurship across thematic sectors.
- This will accelerate technology development and commercialization by establishing biomanufacturing and bio-AI hubs and biofoundry.
- Along with prioritising regenerative bioeconomy models of green growth, this policy will facilitate the expansion of India’s skilled workforce and provide a surge in job creation.
- To address the national priorities, the BioE3 Policy would broadly focus on the following strategic/thematic sectors:
- high-value bio-based chemicals;
- biopolymers and enzymes;
- smart proteins and functional foods;
- precision biotherapeutics;
- climate resilient agriculture; carbon capture and its utilisation;
- marine and space research.