The Department of Biotechnology (DBT) has been at the forefront of driving policy reforms and research initiatives aimed at fostering a bio-based economy that aligns with the nation’s environmental and economic goals. Recognizing the potential of biotechnology to revolutionize key sectors, the Government of India has introduced several landmark policy reforms:
BioE3 (Biotechnology for Economy, Environment, and Employment) Policy
Approved on August 24, 2024, this policy aims to accelerate innovation-driven research and entrepreneurship in high-performance biomanufacturing. Benefits of BioE3:
- Positioning India as a Global Biomanufacturing Hub.
- Steer India on the path of accelerated Green Growth.
- To fast-track innovation to technology sustainably.
- Drive employment and intensify entrepreneurial momentum.
- Achieve bioeconomy targets and national economic goals for 2047.
- Create a Bio-Vision for Bharat.