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<h1>Government Official Highlights Microbial Technology's Role in Biotech Growth; Bioeconomy Expected to Hit $300B by 2030</h1> A government official reviewed the facilities at CSIR-Institute of Microbial Technology (CSIR-IMTECH) in Chandigarh, highlighting microbial technology's role in biotechnology and its importance for future industrial revolutions. The official also virtually engaged with the CSIR-Institute of Himalayan Bioresource Technology (CSIR-IHBT) in Himachal Pradesh, inaugurating new facilities and participating in scientific discussions. Emphasizing India's biotech growth, the official noted the bioeconomy's expansion from $10 billion in 2014 to over $130 billion in 2024, with projections of $300 billion by 2030. The visit underscored efforts in microbial genetics, infectious diseases, and environmental microbiology research.