The government had launched the Biopharma Mission at the national level, while other programs included Bio AI Hubs, Bio Agriculture and Bioenergy, Prof. Sopory said while addressing the inaugural session of the three-day International Conference on ‘Biotechnology for Sustainable Development and Circular Economy’ at the SOA Deemed to be University here.
He said India’s paper production capacity is expected to rise to 32 million tonnes by 2030.
The swift growth in the first quarter of the current financial year further consolidates India’s position as the world’s fastest growing major economy.
Union Science & Technology Minister Dr Jitendra Singh on Monday reaffirmed the Central government’s commitment to achieving a $300 billion bioeconomy by 2030.
Prime Minister Narendra Modi and US President Donald Trump have launched “Mission-500” in the trade and investment sector. The initiative aims to more than double two-way trade to USD 500 billion by 2030.
Despite commendable strides in promoting renewable energy sources, the sheer growth in electricity demand necessitates a continued reliance on thermal power, with projections indicating its share to be 55 per cent by 2030 and 27 per cent by 2047, it said.
Union Health Minister JP Nadda on Saturday said the MedTech sector is rapidly growing and it is expected to reach USD 30 billion by 2030.
Union minister Jitendra Singh on Wednesday said the country's biotechnology sector has experienced extraordinary growth, skyrocketing from a USD 10 billion industry in 2014 to over USD 130 billion in 2024, with projections to reach USD 300 billion by 2030.
India is committed to a low-carbon emission path while pursuing its development goals, as pledged at COP 26. The nation aims to achieve 500 GW of non-fossil energy capacity by 2030.
The Ministry of Coal has set an ambitious net-zero electricity consumption plan for Coal/Lignite PSUs.
