India, March 19 -- India's bioeconomy has witnessed a sharp expansion from around USD 10 billion in 2014 to over USD 195 billion in 2025, registering a strong growth trajectory over the past decade, Union Minister Dr Jitendra Singh said.
The sector recorded an annual growth of 17–18% in the last year, increasing from nearly USD 165 billion to USD 195 billion, reflecting India's emergence as a key global biotechnology hub.
Speaking at the 14th Foundation Day of BIRAC, the minister highlighted the growing role of biotechnology in driving advancements across healthcare, agriculture, climate solutions, and sustainable manufacturing. He also reiterated India's target of achieving a USD 300 billion bioeconomy by 2030.
He emphasised the i...