Union Minister Dr Jitendra Singh today launched the AmritGrand Challenge Program titled जनCARE to identify 75 Start-Up Innovations in Telemedicine, Digital Health, mHealth with BIG Data, AI, Block Chain and other technologies.
He said, the 75 Best Chosen Startups will be an asset for India to lead the country in the next 25 years, during the celebrations of Centenary of India’s Independence.
Addressing the BIRAC’s 10th Biotech Innovators Meet in New Delhi with a theme-“Vigyan se Vikash”, Dr Jitendra Singh pledged full support to Startups from ideation to deployment stage. He expressed satisfaction that there is a commitment from several industry, hospitals investors, incubators and other stakeholders for this Amrit Challenge, which will end by 31st December, 2021.
Dr Jitendra Singh directed the Biotechnology Industry Research Assistance Council (BIRAC) to pro-actively reach out to Young Startups, rather than they approaching BIRAC for help and support. He said, an audit in this regard will be done by the end of the year.
Interacting with some of the top Biotech and Agri Startups and Stakeholders, DrJitendra Singh said, he firmly believe that the Startups ecosystem has the potential to tilt the balance from import-centric medical devices sector to Made in India for India and for World alternatives. He said, many of the innovations developed in the last two years in the field of diagnostic kits, healthcare and farming will have a relevance in post-COVID era.
Addressing the BIRAC’s 10th Biotech Innovators Meet in New Delhi, he said, the Sunshine Biotech Sector will more than double from 70 billion dollar at present to 150 billion dollar by 2025.
The Minister said that the Innovation and Startups support has resulted in more than 600 Plus Technologies and Products at different stages of Commercialisation. He also informed that the Startups ecosystem is also poised to scale to 10,000 biotech Startups propelling the innovation and knowledge translation into products that are Made in India – for India and for the World.
Dr Jitendra Singh said, BIRAC has established 60 world class Bio-incubators in the country. Moreover, BIRAC today engages with more than 5000 Startups and young entrepreneurs, who have received financial and mentoring support from BIRAC as it has its footprints across India and at all major global biotech destinations, he added.
