E X P E R T I N S I G H T S
Global Bio India 2024 spotlights global partnerships & cutting-edge innovations
‘ India Bio Economy Report 2024 ’ unveiled at the event and BIRAC signed 9 Letters of Intent with leading international organizations
Global Bio-India 2024 , a mega international event for national and international biotech stakeholders , was held at Hall No . 5 , Pragati Maidan in New Delhi from 12th to 14th September 2024 . A strategic initiative by the Department of Biotechnology ( DBT ) and its public sector unit , Biotechnology Industry Assistance Research Council ( BIRAC ), the event is aimed to propel and position India ’ s biotechnology sector into the global spotlight .
Addressing the inaugural ceremony , Union Minister of State ( Independent Charge ) for Science and Technology , Dr Jitendra Singh congratulated DBT and BIRAC for enabling the phenomenal growth and said India ’ s bio economy has experienced remarkable growth , skyrocketing from $ 10 billion in 2014 to over $ 130 billion in 2024 , with projections to reach
$ 300 billion by 2030 .
Dr Singh gave a clarion call to raise the bar , break barriers , and reach new heights . He said “ With the momentum , we have gained and with the convergence of talent , India @ 2047 will be a biotechnology leader .
Global Bio-India 2024 deliberated on the opportunities and key challenges in the areas of bio-manufacturing , capacity-building , clinical trials , drug discovery , regulation & policies creating global supply chains for achieving a growth-oriented roadmap for the biotechnology sector in the country . The three-day event was packed with 9 Technical Sessions , CEO Roundtable , multiple other sessions on various topics of importance .
Global Bio-India 2024 theme highlighted the potential and opportunities in ‘ Biotech Innovation ’
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BioVoiceNews | October 2024