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Daily News Analysis

Global Bio-India-2021 being held on a digital platform

The Union Minister of Health and Family Welfare & Science and Technology Dr. Harsh Vardhan on March 1, 2021, virtually inaugurated the second edition of Global-Bio India 2021. The theme of the event is ‘Transforming Lives’ with the tagline ‘Biosciences to Bio-economy’.

Key Highlights

  • The three-day event held from March 1 to 3 has been co-organized on a digital platform by the Department of Biotechnology, Science & Technology Ministry along with its public sector undertaking, Biotechnology Industry Research Assistance Council in the partnership with industry association confederation of Indian industry, Invest India and Association of Biotechnology Led Enterprises.
  • The Biotechnology sector has emerged as a significant part of the country’s economy and the government has also been playing a major role in building a USD 150 billion bio-economy by 2025.
  • The sector has been recognized as one of the major drivers for India for achieving its USD 5 trillion targets.
  • Global-Bio India aims at facilitating the recognition of India as an emerging Innovation Hub and the bio-manufacturing hub globally. The event will facilitate India’s investments, Biotech innovation ecosystem, Make in India for Atmanirbhar Bharat, global networking, and collaborations.
  • The first edition was a huge success. It saw the participation from over 190 exhibitors, 25 plus countries, 300 plus start-ups, 2500 plus delegates, 60 plus research institutes, 50 plus incubators, representation from 9 states, and 800 plus bio-partnering meetings.

SOURCE: Jagran Josh

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