"Next Industrial Revolution will be Bioeconomy driven”, said Union Minister, Science and Technology, Dr Jitendra Singh at the Curtain Raiser ceremony of ‘4^th edition of Global Bio India 2024’ at National Media Centre, New Delhi.

Global Bio-India, a Mega International event for national and international biotech stakeholders, is a strategic initiative by the Department of Biotechnology and its Public Sector Unit, Biotechnology Industry Assistance Research Council (BIRAC) to propel and position India’s biotechnology sector into the global spotlight.

The Global Bio-India 2024, the largest biotech event in the country will be held on 12-14 September, 2024 at Hall No. 5, Pragati Maidan, New Delhi

High level business and technical delegations would be able to witness India’s growing bio-economy and growth trajectory supported through Government of India’s policies and continued support commitment integrated with the private' sector. This is expected to provide a boost to both "Make In India" and "Startup India" national missions for the biotech sector.

Dr Rajesh Gokhale, Secretary of the Department of Biotechnology, noted that companies in the biotechnology sector have achieved a valuation of Rs 75,000 crore over the past 10 years. He further highlighted that biotechnology is one of the sunrise sectors, with nearly 28,000 proposals currently being evaluated for upscaling.