India, Aug. 27 -- The Government of India issued the following news release:
Marking one year of the BioE3 (Biotechnology for Economy, Environment and Employment)Policy, Union Minister of Science and Technology Dr. Jitendra Singh today launched the BioE3 Challenge for Youth and the country's first National Biofoundry Network, calling it a step towards making biotechnology a driver of India's economy, environment and employment.
"India's bioeconomy has grown from just $10 billion in 2014 to $165.7 billion in 2024, and we are now working towards a target of $300 billion by 2030," said the Minister. He said that India's biotechnology sector has made rapid strides over the past year under the BioE3 Policy, achieving several key landmarks that...