Indian Union Cabinet approves BioE3 policy for boosting biomanufacturing, R&D, and job creation.

The Indian Union Cabinet has approved the BioE3 policy, aiming to foster high-performance biomanufacturing and support innovation in research and development, entrepreneurship, and technology development. This policy will strengthen initiatives like the 'Net Zero' carbon economy and promote a circular bioeconomy model of green growth, expanding India's skilled workforce and creating job opportunities. The BioE3 Policy focuses on sectors such as high-value bio-based chemicals, biopolymers, and enzymes, smart proteins and functional foods, precision biotherapeutics, climate resilient agriculture, carbon capture, marine, and space research.

August 24, 2024
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