By News18
New Delhi, Jul 6 (PTI) Science and Technology Minister Jitendra Singh Monday called for a wider public understanding and inclusive participation in India鈥檚 biotechnology mission, stating that every Indian is a stakeholder in the country鈥檚 bioeconomy.
Speaking here during the nationwide celebration of World Bioproduct Day 鈥 The BioE3 Way, Singh reiterated the government鈥檚 commitment to realising a USD 300 billion bioeconomy by 2030.
The minister said that India鈥檚 biotechnology ecosystem has grown from just around 50 start-ups a decade ago to nearly 11,000, a leap made possible by policy backing and institutional partnerships.
Singh said the BioE3 Policy lays the groundwork for India to lead in sustainable bio-manufacturing by aligning bioeconomy goals with environmental sustainability, economic growth, and equity.
鈥淏ioproducts aren鈥檛 limited to laboratories anymore. They鈥檙e about livelihoods,聰 from biodegradable packaging to eco-friendly personal care, from rural employment to green jobs,鈥 he said.
He said that the future industrial revolution will be driven by bioeconomy, and India has taken the lead.
Singh also drew attention to the disparity in India鈥檚 past policy priorities, especially in agriculture, which he said was historically informed by Western models.
Stressing the untapped potential of India鈥檚 natural resources and traditional knowledge systems, he said, 鈥淔oreign researchers come to India for what they don鈥檛 have 鈥 our resources and diversity. We should learn to value them first.鈥 PTI SKU KVK KVK