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Biotechnological innovations will play a crucial role in future societal benefits, with potential advancements in medicine, healthcare, food systems, industries, and smart materials.
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Current research includes creating microbial factories for chemical synthesis and pollution reduction, bioremediation treatment technologies, and plant biotechnology for sustainable agriculture and pharmaceutical production.
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The industrial sector can benefit from more productive biomass feedstocks, efficient biofuels, chemicals, and bio-material conversion processes using non-food crops.
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Medical applications of biotechnology include regenerative medicine, tissue engineering, transplantation, stem cell research, nanobiotechnology, and synthetic biology, with potential benefits and risks.
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India is a key player in the global biotechnology sector, contributing to the vaccine market, low-cost diagnostics, and medical interventions. The biotechnology sector played a vital role in developing vaccines during the COVID-19 pandemic.
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The future of biotechnology research is strong, requiring entrepreneurship, technology expertise, and a supportive ecosystem for start-ups, small, and large industries. The Draft National Biotech Development Strategy 2020-24 aims to build and nurture a vibrant biotech sector in India.