India Targets Leadership in Industrial Revolution with Biomanufacturing Policy
Biomanufacturing involves the use of biological systems and organisms to produce goods, offering significant advantages over traditional manufacturing methods, including reduced environmental impact and improved efficiency. By focusing on this sector, India aims to leverage its strong scientific research base and growing biotech industry to drive economic growth and technological advancement.
The biomanufacturing policy includes measures to support research and development, encourage private sector investment, and foster collaboration between academia and industry. It also seeks to address regulatory challenges and provide incentives for companies to adopt biomanufacturing practices.
India?s commitment to this policy reflects its broader strategy to become a global leader in high-tech and sustainable industries. By investing in biomanufacturing, the country aims to create new job opportunities, enhance its competitive edge, and contribute to global sustainability goals. As the policy rolls out, it is expected to play a pivotal role in shaping the future of manufacturing and establishing India as a key player in the global industrial landscape.