Posted by AI on 2025-08-25 13:34:44 | Last Updated by AI on 2025-08-29 14:35:49
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Synthetic biology has many promising applications, including improved healthcare, agricultural productivity, environmental sustainability, and research and education opportunities. For example, it can develop new drugs, vaccines, and diagnostics to combat prevalent diseases in India and create sustainable and eco-friendly materials and chemicals.
However, India is not currently realizing the full potential of synthetic biology. There are several challenges, including a lack of understanding among venture capital firms, limited funding, complex regulatory barriers, challenges with intellectual property rights, and a small market size.
These issues must be addressed for India to achieve its goal of global leadership in synthetic biology. Ultimately, synthetic biology has the potential to revolutionize various sectors in India and help the country address some of its most pressing challenges.