Journal of Medicinal and Aromatic Plant Sciences

Volume: 46 Issue: 4

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BioE3 policy: A way forward for transforming bio-manufacturing trajectories’ in India

Sumya Pathak*

Project Monitoring & Evaluation Div., CSIR- Central Institute of Medicinal and Aromatic Plants, Lucknow 225015, India.
*Corresponding author; Email: [email protected]

Year: 2024, Page: 162-164, Doi: https://doi.org/10.62029/jmaps.v46i4.pathak

Received: Dec. 9, 2024 Accepted: Feb. 20, 2025 Published: April 10, 2025

Abstract

India is marching forward to strengthen the bioeconomy by releasing the biotechnology for economy, environment and employment (BioE3) policy to strengthen the biomanufacturing ecosystem and foster employability in the Agenda 2047. The policy includes innovation-driven support to R&D and entrepreneurship for technology development and commercialization by establishing bio-manufacturing, bio-AI hubs, and bio-foundry. The policy prioritizes regenerative bioeconomy models of green growth, facilitating the expansion of India’s skilled workforce and providing a surge in job creation. The current study will determine the analysis of BioE3 policy for the roadblocks, funding ecosystems, and its decentralized innovation approach to foster changes in policy directions. The study discusses how India’s paradigm shift in bio-manufacturing is driven by innovation and poised India amongst the global leaders in the next bio-based industrial revolution.

Keywords: Bio-manufacturing, Indicators, Policy, Research and Innovation.

References

Ministry of Science and Technology, Department of Science and Technology, (2020). Science, Technology, and Innovation Policy. Delhi.

Ministry of Science and Technology, Department of Biotechnology, (2024). BIO E3 Policy.

Mukhopadhyay, D. (2015). Science, Technology and Innovation Policy 2013 outlines a coherent strategy for translating it into action. Current Science, 109(5), 863.doi: 10.18520/cs/v109/i5/863-868

Ozkaya, G., Timor, M., & Erdin, C. (2021). Science, Technology and Innovation Policy Indicators and Comparisons of Countries through a Hybrid Model of Data Mining and MCDM Methods. Sustainability, 13(2), 694.doi: 10.3390/su13020694

Reyes-Galindo, L., Monteiro, M., and Macnaghten, P. (2019). ‘Opening up’ science policy: engaging with RRI in Brazil. Journal of Responsible Innovation, 6(3), 353-360.doi: 10.1080/23299460.2019.1603568

https://marketaccesstoday.com/biomanufacturing-policy-summit-report-2024-highlights-policy-pathways-for-europes-biomanufacturingsector/?doing_wp_cron=1730097049.9581038951873779296875

Cite this article

Pathak, S. (2024). BioE3 policy: A way forward for transforming bio-manufacturing trajectories in India. Journal of Medicinal and Aromatic Plant Sciences, 46(4), 162–164. https://doi.org/10.62029/jmaps.v46i4.pathak

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