State's First Bio-Technology Park in Amlibhat and Barkheda of Jawad.

• 27 Sep 2023

Why In News?

On September 26, 2023, Madhya Pradesh's Science and Technology and MSME Minister Omprakash Sakhalecha said that the first bio-technology park of the state will take shape in Amlibhat and Barkheda villages of Javad in Neemuch district. Recently the Madhya Pradesh Cabinet has approved it.

Key Points:

• Science and Technology and MSME Minister Om Prakash Sakhlecha said that this park, to be built at a cost of about Rs 50 crore in about 40 acres of land, will not only be a major center of development with research but will also be a driver of millions of jobs through transfer of technology for industries.
• Minister Sakhlecha described the park as a gift for Neemuch as well as industries, new entrepreneurs etc. of the entire state and said that the park is being set up under the scheme of the Department of Biotechnology, Government of India.
• This 9th park in the country will provide research-based development technology. This biotech park will also play an important role in the commercialization of biotechnologies.
• The main objective of setting up the park is to promote innovative research and development activities in biotechnology, for which 8 high-level laboratories will be set up. These include phytopharmaceutical and drug discovery laboratory, herbal formulation, plant tissue culture, quality control and quality assurance, microbial biotechnology, molecular biology, bioinformatics and fortified food laboratory.
• The park will prepare incubators, entrepreneurs and innovations of the state for start-ups, so that they will be able to start business in the biotech sector through incubation centers and parks.
• The Biotech Park will be a great platform to promote biotech entrepreneurs, mainly micro and medium scale biotech entrepreneurs, in which parks and biotech incubation centers can start biotech start-ups and entrepreneurs' biotech product companies through the partnership of public enterprises. Skill training will also be provided under the park, and it will also provide many employment opportunities.