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INDIA BIOECONOMY GROWTH
India’s $1 trillion import dependence makes green transition a strategic necessityIndia faces significant import reliance across key sectors. Aatmanirbharta requires a growth model shift, with the green economy offering a...
BIRAC fuels innovation with Rs 4,200 crore funding across 15 lakh startups and entrepreneursIndia's Biotechnology Industry Research Assistance Council, BIRAC, marked its 14th Foundation Day. It has significantly boosted India's bio...
India advancing towards $300-billion bioeconomy milestone by 2030: Jitendra SinghIndia’s bioeconomy has grown from about $10 billion in 2014 to more than $195 billion in 2025, says Singh
Karnataka's bioeconomy reaches $39 billion in 2025: ReportThe Karnataka Bioeconomy Report 2025, released by the state's IT/BT ministry, in collaboration with the Association of Biotechnology Led En...
India's green economy may attract $4.1 trillion investments, create 48 million jobs: StudyA CEEW study projects India could attract USD 4.1 trillion in green investments and create 48 million jobs by 2047, unlocking a USD 1.1 tri...
Govt launches high-performance biomanufacturing platforms to accelerate bioeconomyUnder the BioE3 Policy, 21 bioenablers will drive advanced biomanufacturing, reduce reliance on imports, generate employment, and position ...
Govt launches advanced biomanufacturing hubs to boost bioeconomy, innovationIndia has launched a network of advanced biomanufacturing hubs to boost its bioeconomy and drive innovation across sectors like health, agr...
Biotech startups surged from 50 to 11,000 in one decade: Jitendra SinghMinister Jitendra Singh emphasized the importance of public understanding and participation in India's biotechnology mission, highlighting ...
South leads in bioeconomy boom with 45.4% share in 2024In 2024, South India led India's bioeconomy, contributing 45.4% ($75.2 billion), with Maharashtra, Karnataka, and Telangana emerging as key...
India's bioeconomy valued at $150 bn, innovation holds key to global leadership: BIRAC MDIndia's biotechnology sector, valued at USD 150 billion, is expanding, yet innovation and product development potential remain untapped. BI...
Cabinet approves 'Bio-RIDE' scheme to support cutting-edge research, development in BiotechnologyThe Union Cabinet, led by Prime Minister Narendra Modi, has approved the continuation of two umbrella schemes under the Department of Biote...
Bio-E3 policy will usher in bio-revolution in India: Jitendra SinghThe government's Bio-E3 policy aims to position India as a global bio-economy leader, similar to the IT revolution in the West. Launched la...
India's bioeconomy skyrockets to over USD 130 bn in 2024, projections to reach USD 300 bn by 2030: Jitendra SinghIndia's economy has grown significantly, reaching USD 130 billion in 2024 from USD 10 billion in 2014, with predictions to hit USD 300 bill...
Karnataka's bio-economy reaches USD 31 billion, to triple its bio-economy by 2030: ReportIn 2023, Karnataka's bio-economy reached USD 31 billion, growing from USD 28 billion in 2022. The state accounted for 21 per cent of India'...
Bangalore Tech Summit: Karnataka unveils revised biotech policy, aims to quadruple state’s bioeconomyInformation and biotechnology minister Priyank Kharge said the new biotechnology policy would synergize with the others in the state, inclu...
India's bio-economy grew 8 times under PM Modi since 2014: Jitendra SinghAddressing an 'International Conference on Emerging Trends in Biosciences and Chemical Technology- 2022' in Jammu, Singh said the biotech s...
Bioeconomy can generate solutions for major challenges in climate change: ExpertsExperts, faculty members and a large number of students, who converged at the Hindu College, Delhi University to mark the "Himalayan Day", ...
India targets $300 billion worth bioeconomy by 2030Bioeconomy is the production, utilization, and conservation of biological resources, including related knowledge, science, technology, and ...
Karnataka will tap PLI to build its bio-pharma & medical devices sector, says Ashwath NarayanKarnataka's bio-economy, currently valued at $ 24.4 billion contributing 33% of the national share, is on course to achieve $ 50 billion by...
Karnataka eyes USD 300 billion digital economy in five years"One of the key goals of the State is to achieve 50 per cent market share of the national bio-economy target of 100 billion US dollars by t...