Earlier the Minister for Science & Technology and Earth Sciences Dr. Harsh Vardhan who was abroad for attending the Science & Technology Ministers Conference of Brazil, Russia, India, China and South Africa (BRICS) in Brazil gave his message to the Conference. He said recent success stories in the field of biotechnology in India and also increased budgetary allocations by the Government for innovation in the form of ATAL Innovation Fund etc. makes him believe that the target set for the biotechnology sector will be achieved.
Shri Y.S. Chowdary also inaugurated a Two day Panel discussions, to make biotechnology one of the drivers of the Make in India Programme. The theme for the foundation day is Accelerating Innovations: India the Next Biotech Global Hub. Several eminent speakers from the field of Biotechnology including senior bureaucrats from DIPP, ICMR, Department of Pharmaceuticals and Senior Industry Leaders such as Dr Kiran Mazumdar-Shaw, CMD, Biocon will participate in panel discussions. Among themes for discussion are topics like - India the next Global Biotech Hub: The status of our readiness?, India a Bio-manufacturing Hub: Bridging the Paradigm for Quality and Affordability, Leveraging Partnerships to Make in India : Collaborating with national and international partners for enhanced competency. A plenary talk on- Make in India: a Perspective on the Biotech Sector: the opportunities, the enablers and the challenges, is also scheduled to be delivered by the Chairman and Managing Director, Biocon Dr. Kiran Mazumdar Shaw.
Over 250 Scientists, Entrepreneurs & Industry Experts, and Policy Makers will participate. The focus of the discussion would be on Indias readiness to meet the challenges of Make in India in the Biotech sector.
BIRAC was established under the aegis of the Department of Biotechnology, Ministry of Science & Technology, Government of India as a Public Sector Undertaking three years ago and is mandated to foster and promote innovation research in biotech industries specially start-ups and SMEs. Today, BIRAC has more than 100 Young Entrepreneurs, nearly 250 companies and start-ups and 15 incubators supported as an important part of the Innovation ecosystem of the country.