The Indian Institute of Biotechnology, New Delhi was established on the occasion of World Environment Day on 5 June 1997 with a view to researching on different aspects of biotechnology including its industrial, agricultural and technological applications besides biotechnology risks, safety and ethics, biotech informatics nanobiotechnology.

The Prime Minister of India Dr. I K Gujral inaugurating the
Indian Institute of Biotechnology at New Delhi on 5 June 1997.

The idea behind the establishment of this institution has been to conduct fundamental and applied researches in the specialized areas of biotechnology including bioculture, bioeconomics, bio engineering, biomimetics, bionic architecture, biotechnology industrial park, competitions and prizes in biotechnology, cyborg art, genetic engineering, green revolution etc.