The Union Cabinet has approved the BioE3 (Biotechnology for Economy, Environment, and Employment) Policy, proposed by the Department of Biotechnology, aimed at fostering high-performance biomanufacturing in India.
The BioE3 policy focuses on innovation-driven support for research and development (R&D) and entrepreneurship across various thematic sectors. It aims to accelerate technology development and commercialization by establishing biomanufacturing and Bio-AI hubs, as well as biofoundries.
This policy will further reinforce government initiatives such as achieving a ‘Net Zero’ carbon economy and promoting ‘Lifestyle for Environment.’ It aims to steer India towards accelerated green growth by advocating for a circular bioeconomy. The BioE3 Policy outlines a sustainable, innovative, and responsive future to global challenges, laying the groundwork for a ‘Viksit Bharat’ (Developed India).
The present era offers a timely opportunity to invest in the industrialization of biology, promoting sustainable and circular practices to address critical societal issues such as climate change mitigation, food security, and human health. The BioE3 Policy will promote the manufacturing of bio-based products through the integration of advanced biotechnological processes. To address national priorities, the policy focuses on several strategic and thematic sectors: high-value bio-based chemicals, biopolymers and enzymes, smart proteins and functional foods, precision biotherapeutics, climate-resilient agriculture, carbon capture and its utilization, as well as marine and space research.