Prime Minister Narendra Modi inaugurated the Biotech Startup Expo – 2022 at Pragati Maidan, Delhi on June 9. The Expo will act as a platform to connect entrepreneurs, investors, industry leaders, scientists, researchers, bio-incubators, manufacturers, regulators, government officials, etc.
The CCMB, a research establishment of the Council of Scientific and Industrial Research (CSIR), in its efforts to engage with industry and to translate its own research, had in October last year launched an Innovation Hub (iHUB@CCMB) in its medical biotechnology complex here.
Domestic biotech industry crossed the USD 4 billion-mark last fiscal, growing from around USD 3 billion in the previous fiscal, according to an Ernst & Young India report.