Biomanufacturing policy: India to lead industrial revolution
ECONOMY & POLICY

Biomanufacturing policy: India to lead industrial revolution

India is positioning itself at the forefront of the next industrial revolution with a new biomanufacturing policy designed to address challenges related to food, energy, and climate, officials said on Sunday. The Union Cabinet approved the BioE3 policy on Saturday, which aims to foster high-performance biomanufacturing and boost innovation and entrepreneurship across various fields.

High-performance biomanufacturing involves producing a range of products, from medicine to materials, addressing farming and food challenges, and promoting the manufacture of bio-based products through advanced biotechnological processes. The foundation for the BioE3 policy was laid when Finance Minister Nirmala Sitharaman, in the Interim Budget, announced "a new scheme of bio-manufacturing and bio-foundry" to provide environment-friendly alternatives such as biodegradable polymers, bio-plastics, biopharmaceuticals, and bio agri inputs.

Rajesh Gokhale, Secretary of the Department of Biotechnology, stated during a media briefing that India aims to lead the next industrial revolution. Unlike the semiconductor industry, which arrived in India 15-20 years later, he emphasised the importance of seizing this opportunity now. Gokhale explained that biomanufacturing would help existing industries meet the growing demands for food and fuel while also creating new job opportunities.

He noted that the world has experienced several industrial revolutions driven by steam power, electricity, oil, and information and communication technology, with countries that embraced new technologies advancing more quickly. Gokhale highlighted that the next revolution would be driven by the industrialisation of biological sources and processes, making the BioE3 policy align with India's goal of becoming a developed nation by 2047.

Gokhale also pointed out that biomanufacturing offers solutions to climate change, resource depletion, waste generation, and pollution through innovations like biotextiles and bioplastics. He mentioned that enzymes and microbial strains are essential for this process, noting that Novazyme is a leading global producer of enzymes. In India, research is being conducted at facilities such as the International Centre for Genetic Engineering and Biotechnology in Delhi and the National Agri-Food Biotechnology Institute in Mohali.

As an example, Gokhale cited that although India is the largest producer of milk, each person receives only 459 grams per day. With a growing population, increasing the number of cattle is unsustainable due to land and water constraints, rising feed costs, greenhouse gas emissions, and antibiotic resistance. He suggested that bio-manufacturing could help meet dairy needs through non-dairy milk alternatives and ensure resource sustainability.

Scientists at the briefing also mentioned that an Indian steel company is working on integrating algal farms with its facilities to capture carbon dioxide directly from exhaust gases.

India is positioning itself at the forefront of the next industrial revolution with a new biomanufacturing policy designed to address challenges related to food, energy, and climate, officials said on Sunday. The Union Cabinet approved the BioE3 policy on Saturday, which aims to foster high-performance biomanufacturing and boost innovation and entrepreneurship across various fields. High-performance biomanufacturing involves producing a range of products, from medicine to materials, addressing farming and food challenges, and promoting the manufacture of bio-based products through advanced biotechnological processes. The foundation for the BioE3 policy was laid when Finance Minister Nirmala Sitharaman, in the Interim Budget, announced a new scheme of bio-manufacturing and bio-foundry to provide environment-friendly alternatives such as biodegradable polymers, bio-plastics, biopharmaceuticals, and bio agri inputs. Rajesh Gokhale, Secretary of the Department of Biotechnology, stated during a media briefing that India aims to lead the next industrial revolution. Unlike the semiconductor industry, which arrived in India 15-20 years later, he emphasised the importance of seizing this opportunity now. Gokhale explained that biomanufacturing would help existing industries meet the growing demands for food and fuel while also creating new job opportunities. He noted that the world has experienced several industrial revolutions driven by steam power, electricity, oil, and information and communication technology, with countries that embraced new technologies advancing more quickly. Gokhale highlighted that the next revolution would be driven by the industrialisation of biological sources and processes, making the BioE3 policy align with India's goal of becoming a developed nation by 2047. Gokhale also pointed out that biomanufacturing offers solutions to climate change, resource depletion, waste generation, and pollution through innovations like biotextiles and bioplastics. He mentioned that enzymes and microbial strains are essential for this process, noting that Novazyme is a leading global producer of enzymes. In India, research is being conducted at facilities such as the International Centre for Genetic Engineering and Biotechnology in Delhi and the National Agri-Food Biotechnology Institute in Mohali. As an example, Gokhale cited that although India is the largest producer of milk, each person receives only 459 grams per day. With a growing population, increasing the number of cattle is unsustainable due to land and water constraints, rising feed costs, greenhouse gas emissions, and antibiotic resistance. He suggested that bio-manufacturing could help meet dairy needs through non-dairy milk alternatives and ensure resource sustainability. Scientists at the briefing also mentioned that an Indian steel company is working on integrating algal farms with its facilities to capture carbon dioxide directly from exhaust gases.

Next Story
Real Estate

Varun Malik Joins ANAROCK as MD, Head of Capital Markets, APAC

ANAROCK Capital has appointed Varun Malik as Managing Director, Head of Capital Markets (APAC), marking a strategic move to expand its presence across Asia-Pacific. Based in Singapore, Malik will drive ANAROCK’s capital markets initiatives in the region.A real estate finance veteran, Malik brings over 18 years of experience in structuring complex cross-border transactions across South-East Asia and Australia. He has led debt and equity deals for REITs, fund managers, and developers, delivering strong returns and driving investor value.“We will redefine real estate capital solutions across ..

Next Story
Real Estate

Patra Chawl lottery held, 663 families allotted homes

Mumbai's Siddharth Nagar (Patra Chawl) Co-operative Housing Society members in Goregaon (West) saw their 15-year wait come to a close as MHADA conducted a successful computerised lottery for 663 eligible members under its redevelopment scheme.The Mumbai Housing and Area Development Board conducted the draw using the RAT (Randomised Allotment of Tenement) system at Sardar Vallabhbhai Patel Hall. The lottery, overseen by Mr. Milind Borikar, Chief Officer of Mumbai Board, ensured transparency by digitally allotting each member a building, wing, and floor.The project, located on Plot R-9, received..

Next Story
Infrastructure Transport

BLR Airport crosses 41 million passengers, 500,000 MT cargo

Kempegowda International Airport, Bengaluru (BLR Airport), has recorded key operational milestones in FY 2024-25, crossing 41.88 million passengers and handling 502,480 metric tonnes of cargo. This marks a year-on-year passenger growth of 11.6 per cent and a 14 per cent rise in cargo volumes.Domestic footfall reached 36.05 million, up 10 per cent, while international traffic saw a robust 25 per cent jump to 5.83 million, aided by Indigo’s global expansion and added frequencies by international carriers. BLR Airport now connects to 76 domestic and 33 international destinations, with Hanoi set..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?