Under the introduction of a new biomanufacturing policy aimed at addressing the issues of food, energy, and climate change, India is putting itself at the vanguard of the next industrial revolution.
The goal of the BioE3 policy for high-performance biomanufacturing is to increase entrepreneurship and innovation across many industries. High-performance biomanufacturing is addressing issues related to farming and food production, producing materials and medicines, and advancing the creation of bio-based products by using cutting-edge biotechnological processes.
India hopes to spearhead the following industrial revolution. We need to take advantage of this today, unlike the semiconductor sector which arrived in India fifteen to twenty years later. In addition to generating new employment opportunities, biomanufacturing will assist current businesses in meeting the rising demands for food and fuel.
Many industrial revolutions have occurred throughout history, propelled by the use of steam power, electricity, oil, and information and communication technology. Nations that adopted new technologies saw faster advancements.
The industrialization of biological supplies and processes will propel the next revolution. As a result, the BioE3 policy supports India’s objective of developing into a developed country by 2047. Over the next 20 years, it is intended to replace a portion of the about 3/4 of India’s crude oil imports with products derived from carbon dioxide, plastic waste, and biomass. Upgrading production and using cutting-edge technologies will be necessary to achieve this.
In addition to ensuring resource sustainability, biomanufacturing could assist satisfy dairy needs by providing non-dairy milk substitutes. During the briefing, scientists revealed that one Indian steel manufacturer is attempting to incorporate algae farms into its operations in order to directly extract carbon dioxide from exhaust fumes.