Recent advancements in DNA sequencing have made enormous contributions to understanding the biology of life forms. Reduced cost and increased speed of DNA sequencing have led to rapid growth of genomics. Functional significance of genomic elements (genes, RNA, proteins, small molecules and phenotype) are still being unravelled in each organism. India being a country having the richest biodiversity hotspots in the world, there is huge scope to decode genomes, understand and harness the biodiversity heritage through functional genomics. Transdisciplinary genomics has made phenomenal discoveries in the biological sciences since last decade.