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...