Prelims – Current events of National and International importance| Science and Tech, Biotechnology.
Why in news?
Recently, Union Minister of State for Science and Technology launched the High-Performance Biomanufacturing Platforms under the BioE3 (Biotechnology for Economy, Environment and Employment) Policy.
India’s bioeconomy has grown from about $10 billion to nearly $100 billion today, with a target of reaching $300 billion by 2030.
The Bio Foundries and Biomanufacturing Hubs will aim at setting up of infrastructure/ facilities for augmenting scale up of technologies for bio-based products.
BIRAC
Reference
1. PIB | High-Performance Bio-manufacturing Platforms