Biotechnology: India Eyes Big
New Delhi: India will establish a substantial presence in genome engineering and computational biology in three years, said the Minister Science & Technology and Earth Sciences, Dr. Harsh Vardhan. He urged the scientists to accelerate the pace of growth of Biotechnology Sector to achieve a target of $110 billion by 2025.
He was addressing the Strategy Meet organised by Department of Biotechnology (DBT) on Monday in connection with Foundation Day celebration of the department.
He said that it would be important to develop a new sense of urgency and work towards preparing an Action Plan and address key strategies for the future to deliver perceptible and measurable impact to the benefit of society.
Biotech will see at least a 20 % increase in new companies, 20% more biotech incubators, 20% more social-sector partnerships, and 20% more Med-tech devices each year over the next three years, the Minister said.
He informed that results from stem-cell research will see impact on Sickle-cell anemia and Thalassemia treatments in three years. Work on maternal health, pre-term birth and stunted growth will result in significant improvement in nutrition and anemia treatment for women within 2-3 years, he added.
He also said that mapping of the biodiversity of islands and the coral reefs will be completed next year from which drug discovery centres will have access to novel compounds in two years.
The meet also formulated key missions to address major National Challenges on Healthcare, Energy, Food Security and Human Resource.