India’s bioeconomy grows nearly 20-fold in a decade, moving towards $300 billion target by 2030: Jitendra Singh

March 19, 2026 5:29 PM

India’s bioeconomy grows nearly 20-fold in a decade, moving towards $300 billion target by 2030: Jitendra Singh

Union Minister Dr. Jitendra Singh on Thursday said India’s bioeconomy has witnessed a remarkable surge from around $10 billion in 2014 to over $195 billion in 2025, underlining the country’s emergence as a fast-growing global biotechnology hub. Speaking at the 14th Foundation Day event of Biotechnology Industry Research Assistance Council (BIRAC) in New Delhi, the minister noted that the sector recorded an annual growth rate of 17-18 per cent in the past year alone, rising from approximatel...

Dr. Jitendra Singh inaugurates India’s first biomanufacturing institute, BRIC-NABI, to revolutionize agri-food sector

October 28, 2024 11:03 PM

Dr. Jitendra Singh inaugurates India’s first biomanufacturing institute, BRIC-NABI, to revolutionize agri-food sector

Dr. Jitendra Singh, Union Minister of State for Science and Technology, Earth Sciences, and other key portfolios, inaugurated the new complex of India’s first biomanufacturing institute—BRIC-National Agri-Food Bio-Manufacturing Institute (BRIC-NABI). The facility aims to transform India’s agri-food sector through advanced biotechnology, contributing to Prime Minister Narendra Modi’s vision of a "Viksit Bharat". Addressing a gathering of scientists, industry leaders, and stakeholders at ...