Bhubaneswar: The Odisha government has announced plans to provide a ₹10 crore grant to strengthen the state’s biotechnology ecosystem and position it as a leading biotech hub in India.
The initiative is part of a broader strategy to promote innovation, research, and investment in the biotechnology sector. The funding will be used to support biotech startups, research institutions, and collaborative projects between academia and industry.
Officials said the move aims to create a strong foundation for biotech development in the state by encouraging cutting-edge research and facilitating commercialization of innovations. The grant is expected to play a key role in attracting talent and investment while fostering a supportive ecosystem for emerging biotech ventures.
The government’s focus on biotechnology aligns with its larger vision of diversifying the state’s industrial base and strengthening knowledge-driven sectors. By investing in biotech, Odisha aims to enhance its capabilities in areas such as healthcare, agriculture, and environmental solutions.
With this initiative, Odisha is taking another step toward establishing itself as a competitive destination for biotechnology research and innovation in the country.