BioVoice News December 2016-January 2017 Issue 8 Volume 1 - Page 25

bio event

India ' s rising bio-economy power

Having embarked on a mission to achieve target of $ 100 billion strong bioscience industry by 2025 , the stalwarts and stakeholders gathered recently at Delhi to chalk out the much clear roadmap towards the same

The BioEconomy India Conclave 2016 was the India ’ s first premier conference focused on biotechnology and its impact on the economy . Hosted by the Association of Biotechnology Led Enterprises ( ABLE ), this event provided an opportunity to discuss , debate , partner and contribute to bringing about the transformative change in economic development through the power of biotechnology .

The conclave held on November 29-30th at Delhi was attended by all stakeholders of the bioeconomy such as researchers , technologists , entrepreneurs , and businesses that are driving innovation in healthcare , agriculture , industrial processes , renewable energy and beyond through products and services . The idea behind the initiative is to have a vibrant bioeconomy that is driven by meeting the societal needs of food , fuel , health and
environmental sustainability .
The first day of the event was packed with the sessions on important topics and will be attended by the ministers and top government officials alongwith the prominent voices from the industry . The event was attended by close to 300 delegates cutting across various industry verticals . The stakeholders debated , networked , and explored partnership opportunities to bring about the potential of transformative change in economic development through the power of biotechnology .
Industry leaders called for strong action plan
In his inaugural address , Mr P M Murali , President , ABLE and Managing Director and CEO , Evolva India , mentioned , " India has rising demand for bioscience products . Climate change can affect the overall environment , drastically leading to drought in a country which is dependent on agriculture . The