Biotechnology refers to a diverse set of traditional and new technologies that use biological systems, living organisms or derivatives to produce products or processes for a specific use . Considering the enormity of bio-resources in the State and its rich biodiversity, the potential for industrial development is significant in the following areas:

• Tissue culture
  
  
• Herbal products
  
  
• Biofertilizers and biopesticides
  
  
• Aqua-culture (fresh water and brackish)

A Biotechnology Park will be established at a suitable location. Incubator and pilot level facilities will be built in the park. The existing research facilities in the State may be net worked. The Government of Orissa may provide upto 10 acres of land for the Biotechnology Park.

M/s IMGNEX Corporation a biotech project is in operation at Infocity, Chandaka, Bhubaneswar.