Consider the following statements regarding India's biotechnology initiatives: Statement I: India's bioeconomy has shown rapid growth over the past decade and is officially targeted to achieve a valuation of $300 billion by 2030. Statement II: The launch of the BioE3 Policy and targeted innovation challenges aim to foster high-performance biomanufacturing and empower youth bio-innovators. Statement III: The establishment of a coordinated Biofoundry Network is expected to scale up indigenous biomanufacturing, reduce import dependence, and generate high-value employment. Which one of the following is correct in respect of the above statements?

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Current Affairs · Government Initiatives and Biotechnology

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Correct answer

All statements (Statement I, Statement II, and Statement III) are correct.

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Answer 1

All statements (Statement I, Statement II, and Statement III) are correct.

Answer 2

Statement I is correct, but Statement II and Statement III are incorrect.

Answer 3

Statement I is incorrect, but Statement II and Statement III are correct.

Answer 4

All statements are incorrect.

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