India Emerging as a Global Research Powerhouse, Says Principal Scientific Advisor

India rapidly becoming a global research powerhouse: Principal Scientific Advisor

India is rapidly emerging as a global leader in biotechnology, driven by advancements in research and innovation. Ajay Sood, Principal Scientific Advisor to the Government of India, highlighted this progress at the Global Bio-India 2024 Summit, noting significant strides in biological manufacturing and biofuels. The new Bio-E3 policy aims to foster economic growth, environmental sustainability and job creation.India is rapidly becoming a global research powerhouse and is poised to become a global leader in biotechnology, Ajay Sood, Principal Scientific Advisor to the Government of India, said on Thursday, citing the nation's rapid advancements in research and innovation. Speaking at the Global Bio-India 2024 Summit, Sood emphasized India's rise as a pivotal hub for technological excellence, particularly in biological manufacturing and biofuels. "India is rapidly becoming a global research powerhouse," Sood said, referencing a recent report by the Australian Strategic Policy Institute (ASPI) that ranked India among the top five countries in 45 out of 64 technologies, a significant increase from 37 technologies last year. Sood said India is poised to become a global leader in biotechnology and noted this progress is especially visible in biological manufacturing, where India now holds the second position globally. "This is really encouraging and a very pleasing aspect," he added, attributing the shift to an evolving scientific ecosystem supported by strategic policies and calculated risks. Sood highlighted the importance of India's new biotechnology policy, Bio-E3, as a critical step towards economic growth, environmental sustainability and job creation. "The recent approval of India's first biotechnology policy marks a significant initiative," he stated, adding biofuels and the circular economy are crucial components in ensuring long-term sustainability. Sood proposed that India's policy, previously known for the three "Es" -- economic growth, environment sustainability and employment -- should now include a fourth "E" for energy transition. He pointed out the urgent need for this shift amid the global warming crisis. The success of India's biotech innovation, according to Sood, hinges on the collaboration between diverse stakeholders, including research institutes, universities, companies, investors and the government. "These entities must collaborate to foster a sustainable environment through networks, regulatory support and the promotion of innovation with intellectual property rights protection," he explained, emphasizing the importance of stakeholder involvement in shaping the future of healthcare, agriculture and energy. India's biotech ecosystem is also benefiting from the integration of emerging technologies such as quantum computing and artificial intelligence. Sood expressed optimism about the synergy between cross-functional scientific fields, which he said is vital for driving future advancements. "There is no better time than now to harness the rapidly evolving capabilities of AI and the new dimensions opened by quantum technologies," he said. The Principal Scientific Advisor also touched on India's role in achieving a carbon-neutral future through biotechnology, highlighting innovative approaches like carbon sequestration from algae and bioenergy crops. "Integrating these innovations holds the potential to create a zero-carbon footprint," he said, urging continued efforts in the field.

India becoming global research powerhouse: Principal scientific advisor

India is poised to become a global leader in biotechnology. | Representational India is rapidly becoming a global research powerhouse and is poised to become a global leader in biotechnology, Ajay Sood, Principal Scientific Advisor to the Government of India, said on Thursday, citing the nation's rapid advancements in research and innovation. Speaking at the Global Bio-India 2024 Summit, Sood emphasized India's rise as a pivotal hub for technological excellence, particularly in biological manufacturing and biofuels. Click here to connect with us on WhatsApp "India is rapidly becoming a global research powerhouse," Sood said, referencing a recent report by the Australian Strategic Policy Institute (ASPI) that ranked India among the top five countries in 45 out of 64 technologies, a significant increase from 37 technologies last year. Sood said India is poised to become a global leader in biotechnology and noted this progress is especially visible in biological manufacturing, where India now holds the second position globally. "This is really encouraging and a very pleasing aspect," he added, attributing the shift to an evolving scientific ecosystem supported by strategic policies and calculated risks. Sood highlighted the importance of India's new biotechnology policy, Bio-E3, as a critical step towards economic growth, environmental sustainability and job creation. More From This Section Trumpeted 100-day agenda, but after 95 days, govt 'vacillating': Kharge UPSC aspirants case: HC reserves order on bail plea of basement owners Haryana, J-K Assembly elections LIVE news: JJP-Azad Samaj Party alliance names 13 more candidates LIVE news: Supreme Court to deliver verdict on Delhi CM Kejriwal's bail in CBI case on Friday K'taka CM warns ruthless action against those creating religious divide "The recent approval of India's first biotechnology policy marks a significant initiative," he stated, adding biofuels and the circular economy are crucial components in ensuring long-term sustainability. Sood proposed that India's policy, previously known for the three "Es" -- economic growth, environment sustainability and employment -- should now include a fourth "E" for energy transition. He pointed out the urgent need for this shift amid the global warming crisis. The success of India's biotech innovation, according to Sood, hinges on the collaboration between diverse stakeholders, including research institutes, universities, companies, investors and the government. "These entities must collaborate to foster a sustainable environment through networks, regulatory support and the promotion of innovation with intellectual property rights protection," he explained, emphasizing the importance of stakeholder involvement in shaping the future of healthcare, agriculture and energy. India's biotech ecosystem is also benefiting from the integration of emerging technologies such as quantum computing and artificial intelligence. Sood expressed optimism about the synergy between cross-functional scientific fields, which he said is vital for driving future advancements. "There is no better time than now to harness the rapidly evolving capabilities of AI and the new dimensions opened by quantum technologies," he said. The Principal Scientific Advisor also touched on India's role in achieving a carbon-neutral future through biotechnology, highlighting innovative approaches like carbon sequestration from algae and bioenergy crops. "Integrating these innovations holds the potential to create a zero-carbon footprint," he said, urging continued efforts in the field. Also Read Lam Research expands virtual semiconductor training to 20 Indian varsities PM Modi chairs first governing board meeting of newly formed ANRF PM stresses need to identify, remove obstacles in research ecosystem AAP labels GST on research grants as 'tax terrorism', seeks withdrawal Encourage research in education; change the way women are seen: Prez Murmu