Article may be outdated

This article is 81 days old. Some details may have changed since publication.

Times of India·3 min read·hard

Niti Aayog's roadmap to turn India into $691 billion bioeconomy

T
TOI BUSINESS DESK
Niti Aayog's roadmap to turn India into $691 billion bioeconomy
✦AI Summary

Niti Aayog has unveiled a roadmap to grow India's bioeconomy to $691 billion by 2035 through six mission-driven national initiatives. The plan focuses on healthcare, agriculture, and industrial biotechnology to build sovereign capabilities and global competitiveness.

Why it matters

This strategic shift aims to position India as a global leader in biotechnology, potentially transforming its healthcare and agricultural sectors through innovation.

✦Dive DeeperCreate a free account to unlock

Niti Aayog has proposed a major overhaul of India's biotechnology strategy, recommending the country to replace fragmented programmes with six mission-driven national initiatives, accelerating growth in the sector. These recommendations come as part of its newly released bioeconomy roadmap, which sets a target of building a $691 billion bioeconomy by 2035.The roadmap mentioned that the shift to a mission-based framework is needed to strengthen capabilities across healthcare, agriculture, industrial biotechnology and disease surveillance, while ensuring research translates into globally competitive products and large-scale manufacturing."These are designed to build sovereign capabilities across advanced therapeutics, climate-resilient agriculture, synthetic biology platforms, pandemic preparedness, blue-economy innovation and next-generation biologics," the roadmap stated.Under the proposed framework, GeneIndia will focus on expanding access to affordable gene and cell therapies as well as precision diagnostics.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
economyhealthscience
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in