Chandigarh, Feb. 27 -- Union Minister of State (Independent Charge) for Science and Technology, Dr. Jitendra Singh, conducted an inspection of the Microbe Repository and other facilities at the CSIR-Institute of Microbial Technology (CSIR-IMTECH) while receiving updates on the institute's ongoing projects.

During his review, Dr. Singh emphasised the critical role of microbial technology as a foundation of biotechnology, noting its increasing importance in driving the next generation of industrial innovation.

The Minister highlighted India's remarkable growth in the biotechnology sector, reporting that the nation's bioeconomy has expanded dramatically from USD 10 billion in 2014 to over USD 130 billion in 2024, with projections indicatin...