New Delhi, December 31, 2015: The National Biotechnology Development Strategy -2015-2020 was unveiled by the Union Minister for Science & Technology and Earth Sciences, Dr. Harsh Vardhan in New Delhi today. The Strategy aims to establish India as a world-class bio-manufacturing hub. It intends to launch a major mission, backed with significant investments, for the creation of new biotech products, create a strong infrastructure for R&D and commercialization, and empower India’s human resources scientifically and technologically.

The envisaged mission is:

• Provide impetus to utilising the knowledge and tools to the advantage of Humanity

• Launch a major well directed mission backed with significant investment for generation of new Biotech Products

• Empower scientifically and technologically India’s incomparable Human Resource

• Create a strong Infrastructure for R&D and Commercialisation

• Establish India as a world class Bio-manufacturing Hub

The Key elements of the Strategy are:

• Building a Skilled Workforce and Leadership

• Revitalizing the knowledge environment at par with the growing bio-economy

• Enhance Research opportunities in basic, disciplinary and inter-disciplinary sciences

• Encourage use-inspired discovery research

• Focus on biotechnology tools for inclusive development

• Nurturing innovation, translational capacity and entrepreneurship

• Ensuring a transparent, efficient and globally best Regulatory system and communication strategy

• Biotechnology cooperation- Fostering global and national alliances

• Strengthen Institutional Capacity with redesigned governance models

• Create a matrix of measurement of processes as well as outcome

The key elements would be implemented in collaboration and partnership with Other Ministries, Departments, State Governments and international agencies towards achieving:

• Making India ready to meet the challenge of achieving US$100bn by 2025

• Launching Four Major Missions – Healthcare, Food and Nutrition, Clean Energy and Education

• Creating a Technology Development and Translation network across the country with global partnership-5 new clusters, 40 Biotech incubators, 150 TTOs, 20 Bio-connect centres

• Strategic and focussed investment in building the Human Capital by creating a Life Sciences and Biotechnology Education Council

Corporate Comm India(CCI Newswire)