Karnataka approves Marine Biotechnology Policy with Rs 120 crore outlay

The Karnataka government has approved the Karnataka Marine Biotechnology Policy 2026-31, targeting expansion of the state’s Blue Bioeconomy from an estimated $2 billion to $6–8 billion by 2031. The policy carries a proposed outlay of Rs 120 crore and aims to turn the state’s marine resources into high-value products, technologies and businesses.

Karnataka Information Technology and Biotechnology Minister Priyank Kharge said on social media, “At the centre of the policy will be the Karnataka Institute of Marine Biotechnology and Blue Economy #KIMBE, advanced research infrastructure, dedicated Marine Biotechnology Zones with plug-and-play facilities and startup incubation, with an “Ocean to Market” ambition of 100 marine biotechnology products by 2030.”

Kharge shared details of the policy, which seeks to leverage the state’s 343.3-km coastline, marine biodiversity and established biotechnology ecosystem. He said that the institute is planned at the Government Fisheries College.

The policy will also establish Marine Biotechnology Zones with common infrastructure, testing facilities, logistics support and plug-and-play facilities for companies and startups.

Among its key initiatives is a Seaweed Value Addition Production-Linked Incentive (SVA-PLI) to encourage higher-value products from seaweed, including nutraceuticals, biofertilisers, bioplastics, bio-based chemicals and biofuels.

Karnataka also plans to introduce a Pilot Blue Carbon Certification Programme to assess and certify carbon sequestration from seaweed cultivation and other eligible coastal ecosystems. The initiative could create opportunities for carbon-credit revenues.

The policy further proposes research laboratories, a biobank and incubation infrastructure, particularly in coastal areas such as Udupi, to connect marine research with startups and industry.

The government expects the policy to generate around 2,500 high-value technical jobs and 7,500 coastal enterprise and livelihood opportunities during the 2026-31 period. It also aims to develop 100 marine biotechnology products by 2030 under its “Ocean to Market” approach.

The policy is part of Karnataka’s broader effort to build new investment and employment opportunities while moving beyond conventional marine-resource use towards biotechnology, biomanufacturing and sustainable coastal enterprises.