Biotechnology Emerges As Backbone Of Various Industrial Sectors In Recent Times Says Vice President

Vice President, M Venkaiah Naidu today called upon scientists and researchers to be always ready to combat new and emerging diseases as COVID-19 pandemic has reinforced the need to be ever vigilant to tackle an outbreak of sudden and unforeseen epidemics and pandemics. Virtually addressing the Valedictory and Award Session of Global Bio India-2021, he said that Biotechnology has emerged as the backbone of various industrial sectors in recent times. Built on four core beliefs of entrepreneurship, innovation, development of local talent, and demonstrating high value-based care, India is in a unique position to transition from the biotech industry to a bio-economy, he added. He highlighted Biotech sector's ambitious target of becoming a USD 150 billion industry by 2025 and contribute to knowledge and innovation-driven economy.

Powered by Capital Market - Live News