Realizing the importance of the rich biodiversity and the unique bioresources of the region, Department of Biotechnology, Ministry of Science and Technology, Government of India established the Institute of Bioresources and Sustainable Development (IBSD) at Imphal, Manipur in the year 2001. It is not only a unique institute of its kind in India but also amongst the very few in the world. The main mandate of this institute is conservation and sustainable utilization of bioresources for the socio-economic development of the region. We are aware about the expectation of the people not only from this region but also from across the world. In the changing global scenario we have no option but to utilize our limited resources in a judicious manner and go for inclusive growth. We have to find out new ways to solve old problems. Our major challenge will be creation of new employment opportunities for the people in this region over and above the scientific pursuits.