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India's Bioeconomy Soars: USD 195 Billion by 2025, Global Hub Emerges

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News18•19-03-2026, 18:45

India's Bioeconomy Soars: USD 195 Billion by 2025, Global Hub Emerges

•India's bioeconomy grew from USD 10 billion in 2014 to over USD 195 billion in 2025, a significant growth trajectory.
•The biotechnology sector recorded an annual growth of 17-18% last year, reaching USD 195 billion.
•Union Minister Jitendra Singh highlighted biotechnology's centrality to India's future growth in healthcare, agriculture, and climate solutions.
•BIRAC, established in 2012, is crucial for connecting research with industry and enabling market-ready solutions.
•The BioE3 Policy (2024) will promote innovation in precision biotherapeutics, smart proteins, and climate-resilient agriculture.

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