Consider the following statements about the "BioE3 Policy" approved by the Union Cabinet:

1. The "BioE3 Policy" will establish biomanufacturing facilities, bio-AI hubs, and biofoundries as part of its implementation strategy.
2. The policy aims to enhance India's biotechnology sector through collaboration with only private sector industries.
3. The policy is expected to be fully implemented by December 2024.

Which of the above statements is/are correct?