Press Release

For providing an overarching vision and setting priorities for cooperation & joint action amongst BRICS country in the fields of Science, Technology and Innovation, the 6th BRICS Science & Technology Senior Official Meeting (SOM) was organized at Jaipur today.

Secretary, Department for Science & Technology Prof. Ashutosh Sharma, welcomed the delegates from the member countries to the BRICS SOM meeting. In his opening remarks, Professor Sharma emphasized enterprise model like product development, exploring of market for sustainable development goals, while continuing the focused collaboration in topical areas like High Performance Computing (HPC), cyber security, nanotechnology, energy, affordable medicine and technology based startups.

Director, CSIR-(National Institute of Science, Technology and Development Studies –NISTADS) Dr. P Goswami, made a detailed presentation on BRICS Science & Technology Enterprise Partnership (BRICS-STEP).. This proposal which promises a new hope for affective engagement of Young Scientists from BRICS country in developing enterprises through partnership with member countries has been evolved by India for consideration in this BRICS meeting. There was a consensus amongst the member countries, in principle. The implementation strategy is to be finalized soon.

Scientist from DST, Dr. Arvind Kumar, made a presentation on the outcome of the BRICS Funding Working Meeting which was held yesterday, which also included a small presentation by Dr Yaroslav on the 2016 BRICS call for Proposals. Dr. Kumar’s presentation also included some brief about the thematic workshops organized under the BRICS umbrella during the period of India’s Presidency.

Dr Suba Chandran gave highlights about the 1st BRICS Young Scientist Conclave organized recently at Bengaluru. The Government of India, based on good experiences it had in the Young Scientist Conclave, related to innovation ideas, has proposed the BRICS Innovation IDEA Award for the young scientist. The member countries agreed in principle for initiating the award with its modus operandi to be decided in next four months through consensus.

Russia proposed a partnership in the area of material science at Ural University, Russia. The Chairman appreciated the area which is topical and requested member countries to comment on the proposal.

The BRICS Ministerial Meeting is scheduled for 8th October, 2016 in which S&T Ministers from the BRICS Member Countries would be participating.

Date:
Monday, October 10, 2016

To boost the scientific relationship and forge better collaborations between the BRICS countries, the  4th S&T Ministerial meeting of the Ministers for Science & Technology of the BRICS member countries namely Brazil, Russia, India, China and South Africa will be convened in Jaipur on October 8, 2016 at Hotel Rambagh Palace, Jaipur.

Prior to this ministerial meeting, the 6th BRICS Science, Technology & Innovation Senior Officials Meeting (BRICS-SOM) is scheduled on 7 October 2016. The meeting will come with final statement of a declaration to be made after the 4th BRICS Science, Technology and Innovation Ministers meeting.

In today’s meeting BRICS Funding Working Group, BRICS member countries and their respective funding partners participated and exchanged the ‘Arrangements of BRICS STI Framework Programme including “Implementation Plan” document amongst the eight funding agencies namely: National Council for Scietific & Technological Development (CNPq, Brazil); Foundation for Assistance to Small Innovative Enterprises (FASIE, Russia); Ministry of Education & Science (MON, Russia); Russian Foundation for Basic Research (RFBR, Russia); Department of Science and Technology (DST, India); Ministry of Science and Technology (MOST, China); National Natural Science Foundation of China (NSFC, China) and National Research Foundation (NRF, South Africa) to support of Multilateral Interdisciplinary Research and Innovation (“the Initiative”) Funding.

The detailed report and recommendations of the recently organized 1st BRICS Young Scientist Conclave at Bengaluru was also presented to the member countries and a decision on its continuity every year was also conceived after detailed deliberations in which all the member countries lauded & complimented India for this initiative and hospitality. All the members countries agreed, in principle, to create BRICS Innovative IDEA prize for Young Scientists and agreed to work out detailed modalities for its early implementation.

Russian delegate made a presentation on the number of proposals received under the 1st BRICS “Call for Proposals”. The BRICS S&T Working Group discussed the modus operandi of processing these proposals quickly. The decision regarding the issue of 2nd BRICS “Call for Proposals” in May 2017 was also arrived at for further discussion in the BRICS SOM meeting tomorrow.

BRICS Young Scientist Forum

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Date:
Thursday, October 6, 2016

Three Indian high school students who won four silver medals in the 10th International Earth Science Olympiad, MIE Japan, called on the Minister for Earth Sciences, Dr. Harsh Vardhan, in New Delhi today.

 

 

 

 

 

 

 

 

 

 

 

International Earth Science Olympiad (IESO) is an annual earth science competition for secondary school students and is conducted each year in a different country. It is an outreach programme and one of the main activities of the International Geoscience Educational Organization (IGEO), affiliated to the International Union of Geological Sciences (IUGS). This programme is aimed at training young minds and fostering earth science education for peace and harmony.

The IESO’s mission is also to raise awareness and interest in Earth Sciences amongst school children as well as general public to improve Earth Science learning of students and to single out talented and gifted students in Earth Science. This event gives an opportunity to students to make International friends promoting International co-operation, exchange of ideas and materials about Earth Sciences. This international event acts as a bridge of friendship amongst the young talented students of the participating countries and is looked forward to participation eagerly every year.

Students who are winners of the respective National Competitions are invited to participate in the IESO. There is a written and practical tests and the performances in these tests are awarded gold, silver and bronze medals. Team activities like International Team Field Investigation (ITFI) and Earth System Project (ESP) are unique to IESO programme in addition to the written and practical tests. The motive behind these activities is co-operation, coming together and working in a team with students from different nationalities, diverse cultures and backgrounds and the main objectives are:

i)     building ambassadors responsible for leading our Society towards respecting the Earth and its environment to spread scientific knowledge to tackle problems such as global warming and climate change;

ii)    to create and introduce practical methods of reducing greenhouse gas emissions that can be applied in the present and the future;

iii)   to develop renewable energy sources and encourage high resolution research and investment for eco-friendly technologies. And its ultimate goal is to convert the thoughts into action by educating the citizens of our planet in the conservation of the environment.

 

With this background; the Geological Society of India, Bangalore, which also shares similar objectives and as a part of its outreach programme towards popularizing Earth Sciences amongst school students, conducts every year the Indian National Earth Science Olympiad with the support of the Ministry of Earth Sciences, GOI. For this purpose, the selection of the Indian team takes place in two important steps. First an entrance test is conducted in centers for the school students studying in the 9th, 10, 11 and 12th standard. This year a total of nearly 3700 students appeared in the test in 70 centers. Twenty-one students were short listed to undergo summer training at Anna University, Chennai from 13th to 30th May 2016. An intensive training by the faculty members invited from Academia, Universities, Research institutions and Government organizations were imparted. At the end of the training programme, Indian National Earth Science Olympiad was conducted, both written and practical tests. Four students were selected on the basis of the merit out of the 20 students. It may be noted that for this purpose, selections and preparations starts a year ahead in November/ December and ends around July/August the next year. However, the selection for the IESO India team starts from the month of March and concludes in the month of August just before the International event.

A pre-departure refresher training programme was organized by Anna University from 13th August to 18th August 2016 for the four selected students representing the India team. The programme included theory, laboratory techniques and field training. This year the 10th International Earth Science Olympiad (10th IESO) was held from 21th to 27th August 2016 at Mie, Japan. The theme logo of IESO-2016, Japan was “Our Future: Earth and Space”.  This year 26 countries with four students from each country participated in this event (a total of 201 students) barring Malawi (one student only). The Indian team was represented by four students: Aditya pal, (Kolkata), Amarjeet Pandde (Mumbai), Guhan Narayanan (Bangalore) and Divyansh Joshi (Udaipur). Dr. K.Godhavari (Secretary, Geological Society of India, Observer) and Dr. Hema Achyuthan (National Coordinator, Mentor) led the Indian team.

This year a total of 10 gold, 20 silver and 30 bronze medals were distributed to the students; ranked based on the performance in the written and practical tests. Theory marks comprised 70%, while practical marks were 30%. Aditya Pal, Kolkata, Amarjeet Pandde (Mumbai) and Guhan Narayanan (Bangalore) were awarded silver medals. Guhan Narayanan won another silver medal for India in the team event. Under the guidance and stewardship of Dr. Godhavari (observer) and Prof. Hema Achyuthan (National coordinator and mentor) the students performed very well and made India, MoES, and the GSI feel proud of this feat.

Date:
Thursday, October 6, 2016

India expressed readiness to enhance cooperation on Arctic science and research. This was conveyed to the first ever White House Arctic Science Ministerial meeting in Washington DC where the Minister of Science & Technology and Earth Sciences, Dr. Harsh Vardhan signed a statement for the purpose.  The minister emphasized the significance of environment and climate change in the Arctic region and its impact on Indian Monsoon.

 

http://files.constantcontact.com/6840cc8b301/df67cc2c-f4c2-4096-b2e7-c43b1046f495.jpg?a=1126011243530

 

During his visit from last Wednesday to Sunday, Dr. Harsh Vardhan co-chaired bilateral India-US S&T Joint Commission Meeting along with Dr. John Holdren, Assistant to the President for Science & Technology and reviewed the progress under five Joint Working Groups for S&T cooperation between two countries. The Commission agreed to add new areas of S&T collaboration like agriculture science, ocean wave modelling and advance manufacturing. Techno-entrepreneurship and innovation will be the centre piece of future collaboration. 

 

He visited the Lockheed Martin Global Vision Center (GVC), a centre for research and innovation, and had meetings with Mr. Rodney A. Makoske, Senior Vice President and exchanged Letters to extend the India Innovation Growth Program (IIGP) involving DST, Lockheed Martin and TATA Trusts. The IIGP 2.0 will support "Make in India" and "Start-up India" initiatives with focus on social and technological innovations. 
 

Dr. Harsh Vardhan also attended a Reception event at Smithsonian National Museum of Natural History, where he met the S&T leadership of over 20 countries. On the side-lines of Arctic Science Ministerial meeting, he had a meeting with Mr. Jo Johnson, Minister of State for Universities, Science, Research and Innovation, United Kingdom and discussed the bilateral programs. He also had a meeting with Mr. Roe Isaksen, Norwegian Minister for Education and Research and discussed the collaborations in areas of Arctic and Antarctic science and climate change.

During the visit to National Institute of Health, USA Dr. Harsh Vardhan was apprised on ongoing activities of National Institute of Allergy and Infectious Diseases (NIAID) by eminent scientist Dr. Anthony Fauci, Director, NIAID. Advancement of candidate vaccines for TB, Dengue, RSV and Chickungunya under bilateral Vaccine Development Program were also discussed.

 

The Minister also had interactions with science and technology Diaspora of DC metropolitan area at Cosmos Club, organized by Embassy of India and Indo-US Brain Trust, where eminent scientists, engineers, innovators and academicians interacted with the Minster and exchanged views on how to strengthen the scientific cooperation between the two countries. He reiterated that deep rooted S&T cooperation between scientific community and research institutions of two countries is a pillar of vibrant India-US relationship.

 

Date:
Tuesday, October 4, 2016

“CSIR is a reflection of India in its diversity and heterogeneity and has left its indelible mark in every sphere of activities of the nation while playing a pivotal role in the development of Modern India by its all-round approach to Research & Development”, said the Prime Minister of India and the President of the Council of Scientific & Industrial Research (CSIR). Shri Narendra Modi was addressing a distinguished gathering on the occasion of Platinum Jubilee Celebrations of CSIR, Ministry of Science & Technology here today.

The Prime Minister said that he looks forward to CSIR making an important contribution to the current Government’s mandate of doubling the income of the farmers’ income by 2022, the year the country celebrates 75 years of its Independence. In his message to the science fraternity across the country, Shri Modi stressed upon the urgent need to find technological solutions to address major problems being faced by the farmers, not only in terms of increasing the yield of the produce but also in growing crops in the wasteland areas through initiatives like ‘Per Drop More Crop’. He said we should have another objective which should be “an inch of land, and a bunch of crops.”

Shri Modi said that considering the contributions of CSIR over the last 75 years, the nation has large expectations from CSIR in delivering for the nation in the time-bound manner. This could be possible only by synergizing its activities and outcomes with all important functionaries in the entire value chain of taking the technology to masses, including all the important stakeholders, the government, industry, society and the ultimate users. Shri Modi gave a call to the scientific community to personally mentor science students to give shape to their ideas & energy and give India ‘Research Entrepreneurs’ of tomorrow.

The Prime Minister noted that CSIR has contributed significantly in Health sector. However, today when the nation faces the challenge of diseases like TB, Chikungunya, Dengue, etc, CSIR should also focus on development of affordable diagnostics that would help in the prevention of epidemics. He added that development of technologies enabling affordable products is the key to today’s world’s economy scenario that would not only cater to the domestic requirements but also help improve the country’s exports.

Earlier, Union Minister of Science & Technology and Earth Sciences, Dr. Harsh Vardhan while thanking the Prime Minister for his valuable support and guidance, assured him that CSIR, which stands among top 100 R&D institutions in the world, would definitely deliver to the nation in a time-bound manner. CSIR, with the best minds and infrastructure is striving towards transforming the Brain Drain towards Brain Gain for India, he added.

On this occasion, the Prime Minister released seven new plant varieties developed by CSIR laboratories to the farmers located at five different locations. These varieties included: Citronella, Rose-scented Geranium, Lemongrass, Calla-Lily, new turmeric, Vetiver & Gerbera. The Prime Minister also interacted with the farmers at these places on prospects of farming these. He candidly urged farmers via video-conferencing to strive for taking a quantum jump in agriculture with the help of science & technology. He encouraged them to increase the use of modern technology and participation of youth in agriculture, concentrate on value addition based agriculture and explore different markets for their produce. Government stands firmly behind each citizen in his endeavors, he added. These new plant varieties, developed by CSIR labs in partnership with the state agriculture departments and universities over a span of five years, are expected to benefit the farmers in terms of additional income as a result of substantial increase in the agriculture yield.

The PM earlier witnessed an exclusive exhibition of major technological contributions of CSIR, including the ones that are in pipeline and have great potential of delivery to remove the drudgery of common masses, largely in the areas of healthcare, water conservation, solid waste management, waste-to-wealth, Communication & IT, housing, industrial competitiveness, and contributions to the strategic sector.

Later, Shanti Swarup Bhatnagar Awards, 2012-15, country’s highest award in science and other CSIR Awards were presented by Minister for Science & Technology and Earth Sciences, Dr. Harsh Vardhan, Minister of State for Science & Technology and Earth Sciences, Shri Y.S. Chowdary and Dr. Girish Sahni, Director General, CSIR.

Speaking on the occasion the Minister of State for Science & Technology and Earth Sciences, Shri Y.S. Chowdary he envisioned a quantum jump in the field of Science & Technology Research and gave a call to the scientific fraternity to work dedicatedly for the ‘Target Nobel Prize’. The Ministry stands firmly behind all the efforts made in this direction, he added.

The distinguished gathering consisted of Senior scientists, Directors of National Science Institutions, awardees and 150 Sciences students.

Date:
Tuesday, September 27, 2016

Ministry of Earth Sciences (MoES), Government of India, signed a 15-year contract with the International Seabed Authority (ISA), for exploration of Poly-Metallic Sulphides (PMS) in Indian Ocean, here today. The contract was signed by Dr. M Rajeevan, Secretary, MoES and Mr. Nii Allotey Odunton, Secretary General, ISA. The ISA is an institution set up under the Convention on Law of the Sea to which India is a Party.

The ISA earlier approved an application submitted by the Ministry of Earth Sciences for allotment of 10,000 sq. km. area along with 15-year plan of work for exploration of PMS along Central Indian Ridge (CIR) and Southwest Indian Ridge (SWIR) region of the Indian Ocean. The Union Cabinet approved signing of this 15-year contract by the Ministry with the ISA in its meeting held on June 15, 2016.

PMS, containing iron, copper, zinc, silver, gold, platinum in variable constitutions, are precipitates of hot fluids from upwelling hot magma from deep interior of the oceanic crust, discharged through mineralized chimneys. PMS in the Ocean Ridges have attracted worldwide attention for their long term commercial as well as strategic values.

By signing the 15-year contract, India’s exclusive rights for exploration of PMS in the allotted area in the Indian Ocean will be formalized. Further, it will enhance India’s presence in the Indian Ocean where other players like China, Korea and Germany are active.

The program will be implemented by the Ministry of Earth Sciences with the participation from various national institutes and research laboratories/ organizations.

Date:
Tuesday, September 27, 2016

The Department of Science & Technology (DST), Government of India, under the BRICS framework, is hosting a five day event where a group of about 50 young scientists/ researchers from BRICS countries are meeting in Bengaluru from 26-30th September, 2016. It would be organized and coordinated by the National Institute of Advanced Studies (NIAS), Bengaluru.  

The meet would provide a platform for engaging, connecting and networking among young scientists to hold discussions and find solutions to some of the common challenges and problems being faced in BRICS countries. The participants are drawn from science, engineering and allied disciplines. The focus of the Conclave would be on three thematic topics – Computational Intelligence, Energy Solutions and Affordable Healthcare.

This BRICS Young Scientists Conclave assumes importance as it is taking place during India’s chairmanship of BRICS in 2016 under a focal theme of ‘Building, Responsive, Inclusive and Collective Solutions’. The event shall be inaugurated by Prof K. Kasturirangan, former Member of Parliament (Rajya Sabha) and former Chairman, Indian Space Research Organisation (ISRO).  

The BRICS Young Scientist Forum (BRICS-YSF), under which the BRICS Young Scientists Conclave is being organised, was initiated at the 2nd BRICS Science, Technology and Innovation Ministerial Meeting at Brasilia in March, 2015. The respective Science, Technology and Innovation (STI) Ministries of BRICS countries are the lead coordinating organisations for this Forum on co-investment and co-ownership principles. 

The Conclave aims at building a BRICS Innovation Corps – who individually or collectively have specialized capability to work on their novel scientific ideas and technological solutions which transform and accelerate change through better quality of life and higher incomes for citizen of this region. It will pave way for creation of strong generation of S&T leadership that can accelerate change collectively.

Some of the lead speakers in the Conclave, among others from India and abroad, include Dr. K. Kasturirangan, Dr. Ashutosh Sharma, Secretary, DST, Dr. K. VijayRaghavan, Secretary, Department of Biotechnology, Dr. V.K. Saraswat, Member, NITI Ayog, and Dr. Baldev Raj, Director, NIAS.  Besides, the above the Conclave is hosting more than 20 distinguished persons from BRICS nations with extraordinary achievements through scientific research, innovation and techno-entrepreneurship. 

Some of the topics to be covered by the Conclave include Interdisciplinary Science for Society and Humanity, A Scientific Identity for BRICS, Traditional Science and Indigenous Knowledge and Science, Technology and Social Equity. A session on ‘Talent Hunt’ is also being organised under which about 15 ideas shall be presented on 3 identified themes of the Conclave.     

Two reports will be released during the Conclave.  The first report titled “BRICS Science and Technology Enterprise Partnership” is prepared by a group of eminent scholars.  It envisions sustained critical efforts for achieving Science & Technology Research leadership and product driven enterprise mode partnership. It offers new ways for BRICS cohesion and connecting to the world. 

The second report titled “Hampi: Splendours of a World Heritage Site” projects the historical significance of the heritage site as well as depicts the Intellectual movements to technological Innovations to the Conclave participants. The Conclave also offers a unique opportunity of witnessing India’s scientific, engineering, architectural, philosophical and cultural tradition, as provided through a field visit to Hampi, an UNESCO World Heritage Site.

More information about this event is available at BRICS Young Scientist Conclave Forum Website

Date:
Monday, September 26, 2016

Union Minister of Science & Technology and Earth Sciences and Vice President, CSIR, Dr. Harsh Vardhan, at a press conference organized here today, made an announcement that the CSIR Platinum Jubilee Celebrations would be inaugurated by the Prime Minister of India and President CSIR, Shri Narendra Modi in New Delhi on 26th September, 2016. The Minister also launched CSIR’s Integrated Skill Initiative Program during the press conference.

 

Further, Dr. Harsh Vardhan informed that on this occasion, the Prime Minister would release seven new plant varieties developed at CSIR laboratories to the farmers located at five different locations from across the Nation, in an interactive mode through video conferencing. The Prime Minister would also witness an exclusive CSIR Showcase on major technological contributions of CSIR, organized on the sidelines of the event, he added.

 

On this occasion, the prestigious Shanti Swarup Bhatnagar Prizes would be given to eminent scientists. The CSIR Diamond Jubilee Technology Award, CSIR Award for Science & Technology Innovations for Rural Development, CSIR Technology awards, G.N Ramachandran Gold Medal for the year 2016, CSIR Young Scientist Award, CSIR Innovation Award for School Children are the other CSIR awards that would be presented on this occasion.    

 

After the formal launch of a major program on ‘CSIR Integrated Skill Initiative’, Dr. Harsh Vardhan also elaborated on the range of special activities built around the CSIR Platinum Jubilee Celebrations during the ensuing year, including organization of unique CSIR showcases and holding of lecture series of eminent scientists and industry captains, in several cities across the country.

 

The Minister added that CSIR proposes to launch 30 integrated skill initiatives in diverse areas with varying duration that would be further expanded to 75, within next one year.  All these training programs are interconnected and linked to industry requirements and thus would invariably contribute to the subsequent employment generation, including small-scale entrepreneurship, he emphasized.

 

Dr. Harsh Vardhan highlighted that CSIR, with its nearly 8000 highly talented S&T personnel, excellent inter-disciplinary expertise, state-of-the-art facilities and a Pan-India presence, it is in a unique position to contribute towards Government’s enterprise- enhancing programs in Skill India and Stand up India. He informed that no other Nation in the World has a conversion rate of innovations into patents over an average of 3-4% except CSIR, which has 13-14% on an average.

 

While congratulating CSIR on its achievements during the 75-year long journey, the Minister mentioned about some of its path breaking societal interventions which have empowered the common man. Be it the creation of the unique indelible ink used by the voting millions during its initial years or India’s first baby milk - Amul spray milk powder, derived from buffalo milk with excellent digestibility, or resurrecting the Indian leather industry from the verge of closure, due to pollutants contaminating water, thus saving the livelihood of thousands, CSIR has time and again proved itself relevant to the nation during its journey of its 75 years, he added.

 

On this occasion, in the presence of the Minister, the CSIR-Central Leather Research Institute (CSIR-CLRI), Chennai and Andhra Pradesh Scheduled Castes Cooperative Finance Corporation (APSCCFC) signed an agreement for skill training, upgradation and entrepreneurship development of 10000 underprivileged candidates who are below the double poverty line with an aim of creating income generation assets for their households enabling their socio-economic development.

Date:
Saturday, September 24, 2016

Biotechnology Industry Research Assistance Council (BIRAC), a Public Sector Undertaking under the aegis of the Department of Biotechnology (DBT), is organizing its 5th Innovator’s Meet here on 22nd -23rd September, 2016. Union Minister for Science & Technology and Earth Sciences, Dr. Harsh Vardhan, presided over the inaugural ceremony as the Chief Guest and Minister of State for Science & Technology and Earth Sciences, Shri Y.S. Chowdary was the Guest of Honour.

BIRAC Innovator’s Meet is an industry-academia interface facilitating national and global partners, providing innovators access to risk capital through targeted funding, technology transfer, IP management and handholding schemes. This would help in bringing innovation excellence to Indian biotech firms, make them globally competitive and facilitate novel, high quality and cost-effective affordable technologies.

In the National Biotechnology Development Strategy, 2015-2020, Bio-incubators would be scaled up to 50 and 5 new Bio-clusters would be formed. With over 500 Start ups and SMEs, 100 Entrepreneurs being a part of this ecosystem, BIRAC has nearly 50 products in different stages of development and commercialization. The target is scaling this 10 times in the next 5 years through initiatives like BIG (Biotechnology Ignition Grant), SITARE (supporting grass root student innovators), eYUVA (creating entrepreneurial culture in universities), BioNEST (nurturing entrepreneurship by establishing Bio Incubation Centres), tax exemptions to biotech startups in Budget 2015-16, inter alia.

Speaking at the inaugural session, Dr. Harsh Vardhan quoted Swami Vivekananda, “Take up one idea. Make that one idea your life - think of it, dream of it, live on that idea”, and inspired a distinguished gathering of young innovators to follow their ideas and take risks to achieve path breaking innovations, research and development.

The Minister reiterated the vision of the Prime Minister Shri Narendra Modi that this government is firmly standing behind each innovator and entrepreneur to support their ideas and through them find solutions to the challenges faced by the society. The Minister recounted extraordinary achievements in the field of Biotechnology in India like affordable rotavirus vaccine, 2G ethanol from biomass inter alia, and inspired the young innovators present.

Shri Y.S. Chowdary, in his address, highlighted the importance of “Right Investment at the Right Time, Right Place and Age in bringing a quantum jump in the field of innovation in Life Sciences.” There is a need to look beyond individual profits and losses and concentrate on Network Management to create an ecosystem for need-based research and original innovation in the country, he added.

The Keynote talk was delivered by Mr. Yigal Elrich, Founder, Chairman and Managing Partner, Yozma Group, Israel. He, as the founding father of the Israeli venture capital industry and one of the most prominent figures in the Israeli high-tech arena, interacted with the investors and other participants present during the event. He expressed that India is soon going to become the Biotech hub of the World.

The Meet started with an open session between high-level investors and innovators. An Innovation Market place showcasing innovative products and technologies from 25 innovators was held followed by the Inaugural session. There were over 350 participants including Mr. Yigal Erlich and Dr. Sarvajna Dwivedi, Global TiE from Silicon Valley and many other senior policy makers, industrialists, startups and entrepreneurs.

During the inaugural ceremony, Dr. Harsh Vardhan also presented the BIRAC Innovator Awards to the Best Innovations from all over the country. The Dignitaries also released the compendiums of BIRAC’s activities, its success stories and the ‘Make in India for Biotech – the way forward’ report (by Price Waterhouse Coopers) during the event.

On the first day, a panel comprising Prof. K. VijayRaghavan, Secretary, DBT, Prof. Ashutosh Sharma, Secretary, Department of Science and Technology, Mr. Elrich and others deliberated on the emerging landscape of private venture funding in the country, especially in the life sciences arena.

On the second day, there will be a plenary talk by Dr. Dwivedi and panel discussions on topics like ‘Injecting Capital for the Next Leap: Investor’s perspectives’, ‘Boosting Technology Development & Translation from Academia’ and ‘Role of Disruptive Technologies like Internet of things, Precision Medicine in Indian Biotechnology Growth’.

Date:
Friday, September 23, 2016

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