What is BioE3 (Biotechnology for Economy, Environment and Employment) Policy?

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.