New Delhi– Biotechnology would be the key driver of India’s future financial development, in addition to a significant enabler in house exploration and healthcare innovation, stated Union Minister of State (Independent Charge) for Science and Technology, Dr. Jitendra Singh, on Friday.
Speaking at Symbiosis International University in Pune, Singh described biotechnology because the “next industrial revolution,” asserting that it’s going to play a central function in shaping India’s future throughout sectors.
“Just as information technology fuelled the economic revolution of the 1990s, the future economy belongs to biotechnology,” the Minister stated.
India’s Rising Global Biotech Profile
Dr. Singh highlighted India’s rising international stature in biotechnology, pointing to landmark breakthroughs corresponding to:
The indigenous Covid-19 vaccine
The HPV vaccine for cervical most cancers
Development of latest antibiotics
Progress in gene sequencing
He famous that India’s biotech sector has witnessed exponential development—from $10 billion in 2014 to $130 billion in the present day, with a goal of $300 billion within the subsequent 5–7 years.
Bio-E3 Policy: Environment, Economy, and Employment
The Minister additionally outlined key authorities initiatives, together with the launch of the Bio-E3 coverage, which focuses on leveraging biotechnology for environmental sustainability, financial improvement, and employment technology.
“The policy aims to offer sustainable solutions and create job opportunities, particularly for India’s youth,” Singh stated.
Expanding Frontiers: Space and Biotech Integration
Dr. Singh emphasised India’s rising involvement in space-biotech analysis, citing current experiments carried out by astronaut Shubhanshu Sharma aboard the International Space Station (ISS). These included:
Studies on muscle losing
Cognitive results of extended publicity to digital gadgets
Algae and protein development in microgravity.
These collaborations have led to an MoU between the Department of Biotechnology and the Department of Space, laying the groundwork for rising domains corresponding to house drugs.
Holistic Healthcare and Traditional Knowledge
Reflecting on classes from the Covid-19 pandemic, Singh underscored the significance of integrating conventional Indian drugs methods with trendy science. He famous that in the course of the international well being disaster, there was renewed worldwide curiosity in Ayurveda and homoeopathy.
“Holistic healthcare approaches that blend tradition with technology are the way forward,” he stated.
Biotech as a Job Creator and Innovation Hub
Calling on the following technology to interact with the life sciences, the Minister inspired entrepreneurship and startups within the biotech house, describing the sector as a significant supply of each innovation and employment.
“Biotechnology is not just about science—it’s about shaping the economy, creating jobs, and solving the grand challenges of our time,” Singh concluded.(Source: IANS)
