The initiative aims to build India’s first pilot-scale BIO-CCU platform specifically engineered for next-generation CO₂ valorization
The scheme will be implemented through BIRAC (Biotechnology Industry Research Assistance Council) to encourage participation from industries, start-ups, and research institutions
India's bio economy has experienced remarkable growth, skyrocketing from US $10 billion in 2014 to over $130 billion in 2024, with projections to reach $300 billion by 2030
Bioenergy triggers carbon neutral cycles, as carbon absorbed by the plants from the atmosphere during photosynthesis is released during combustion of biofuels
For undertaking production, the company has been provided a Rs. 65 crore grant by the centre and Rs. 94 crore from the government of Maharashtra
Both Serum Institute of India (SII) and Bharat Biotech are planning to cumulatively manufacture around 90-110 crore doses from June-December 2021 timeframe
Financial support is being provided as a grant from the Government of India
The Phase 2 study of Sputnik V was conducted on 100 subjects as part of the randomized, double-blind, parallel-group, placebo-controlled study in India.
This will be a multicenter and randomized controlled study, which will include safety and immunogenicity study
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