Jitendra Singh urges private investment to boost biotech sector

A big government helper called BIRAC, which supports science and health research in India, met with its boss, Minister Dr. Jitendra Singh.

The minister said more companies should join in and invest in biotechnology, the science that uses living things to make medicines and other products.

The government has created a huge fund with lots of money to help new ideas become real products.

Small companies and startups can ask for help, from 5 crore to 200 crore rupees.

The fund can pay up to half the cost of a project with loans or other money.

The first big call for ideas happened in February 2026, and almost 200 companies sent in their ideas.

So far, eight very good teams have been chosen, and they are being checked before receiving the money.

India also has more than 1,700 centres where companies do science work, and BIRAC wants to connect them to Indian labs, startups and factories.

This way, more useful products made in India can help the country grow.