Gandhinagar: India’s bioeconomy has grown eight-fold in the past eight years and the country has set a target of achieving a bioeconomy of $600 billion by 2030Union health minister Mansukh Mandaviya said in Gandhinagar on Monday.
Addressing a pre-Vibrant Gujarat Global Summit (VGGS) seminar on ‘Biotechnology: The Path of Innovation and Wellness for Viksit Bharat’, Mandaviya said, “The Indian bioeconomy has grown eight times in the last eight years to $80 billion from $10 billion earlier.India has set a target for the biotechnology industry to grow to $150 billion by2025 and $600 billion by 2030. There are more than 760 companies and 4,240 startups in the biotechnology sector in the country.” He stated that the country is not far from being among the top 10 in the biotechnology global ecosystem.
The National Biotechnology Development Strategy 2022-25 has focused on skill development, R&D, knowledge sharing, commercialization facilities and public-private partnership mode to connect to the markets, the minister informed.
As of 2020, the pharmaceutical sector contributed 62% to the Indian bioeconomy, followed by bio-agriculture (16%), and bio-services and bio-industries (together accounting for 22%), he said.
Chief minister Bhupendra Patel said biotechnology is a rapidly growing “technology of hope”, adding that a golden era has begun in the field of biotechnology in the country and Gujarat is poised to be a leader in it as well.
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Addressing a pre-Vibrant Gujarat Global Summit (VGGS) seminar on ‘Biotechnology: The Path of Innovation and Wellness for Viksit Bharat’, Mandaviya said, “The Indian bioeconomy has grown eight times in the last eight years to $80 billion from $10 billion earlier.India has set a target for the biotechnology industry to grow to $150 billion by2025 and $600 billion by 2030. There are more than 760 companies and 4,240 startups in the biotechnology sector in the country.” He stated that the country is not far from being among the top 10 in the biotechnology global ecosystem.
The National Biotechnology Development Strategy 2022-25 has focused on skill development, R&D, knowledge sharing, commercialization facilities and public-private partnership mode to connect to the markets, the minister informed.
As of 2020, the pharmaceutical sector contributed 62% to the Indian bioeconomy, followed by bio-agriculture (16%), and bio-services and bio-industries (together accounting for 22%), he said.
Chief minister Bhupendra Patel said biotechnology is a rapidly growing “technology of hope”, adding that a golden era has begun in the field of biotechnology in the country and Gujarat is poised to be a leader in it as well.
We also published the following articles recently
Gujarat to host pre-vibrant event ‘Leveraging Logistic Strength of Gujarat for Agro & Food Processing Sector’ from Thursday
A pre-Vibrant Seminar on Leveraging Logistic Strength of Gujarat for Agro & Food Processing Sector is scheduled to be held on Thursday in Anand. The seminar is organized by Agriculture, Farmers Welfare and Co-operation Department of Gujarat and will serve as a platform for collaboration and discussion on the infrastructural and logistical strengths of the state. The event will feature panel discussions covering topics such as incubation support for startups and blockchain for food supply chain management. MoUs are expected to be signed during the program.
A pre-Vibrant Seminar on Leveraging Logistic Strength of Gujarat for Agro & Food Processing Sector is scheduled to be held on Thursday in Anand. The seminar is organized by Agriculture, Farmers Welfare and Co-operation Department of Gujarat and will serve as a platform for collaboration and discussion on the infrastructural and logistical strengths of the state. The event will feature panel discussions covering topics such as incubation support for startups and blockchain for food supply chain management. MoUs are expected to be signed during the program.
Modi government is committed to welfare of every citizen: Union minister Mansukh Mandaviya
Union Health Minister Mansukh Mandaviya visited Patiala’s Dakala area to interact with beneficiaries of the ‘Viksit Bharat Sankalp Yatra’. The Yatra ensures that public welfare schemes reach the ground level, benefiting people at their doorstep. Mandaviya emphasized the Modi government’s commitment to the welfare of every citizen, highlighting the Ayushman Bharat scheme which provides free healthcare. Patiala MP Preneet Kaur expressed gratitude for the Yatra, criticizing the AAP government for creating blockades. She urged the Aam Aadmi Party CM Bhagwant Mann to ensure easy access to the central government’s public campaign in Punjab.
Union Health Minister Mansukh Mandaviya visited Patiala’s Dakala area to interact with beneficiaries of the ‘Viksit Bharat Sankalp Yatra’. The Yatra ensures that public welfare schemes reach the ground level, benefiting people at their doorstep. Mandaviya emphasized the Modi government’s commitment to the welfare of every citizen, highlighting the Ayushman Bharat scheme which provides free healthcare. Patiala MP Preneet Kaur expressed gratitude for the Yatra, criticizing the AAP government for creating blockades. She urged the Aam Aadmi Party CM Bhagwant Mann to ensure easy access to the central government’s public campaign in Punjab.