Source: IBEF.org, Mar 21, 2017
New Delhi: The Minister of State for Science and Technology & Earth Sciences, Mr. Y. S. Chowdary, has said that biotechnology will be the leader among the knowledge based industries of the 21st century. He said producing affordable products will be major issue for India. He called for efforts to set up a proper ecosystem with sustainable systems, particularly in hubs of rural India. The Minister was speaking after inaugurating the 5th Foundation Day of Biotechnology Industry Research Assistance Council (BIRAC), Department of Bio-Technology at New Delhi today.
Mr. Y. S. Chowdary, further said that – “Research and innovation has been one of the key areas emphasized by the Prime Minister. Globally, BIRAC has been hailed as one of the most effective government measures to create an enabling environment for research and development to flourish in a country. We aim to develop India into a global innovation hub by 2020 and BIRAC has paved the way to deliver on that mandate.”