India, March 25 -- The Government of India has issued a release:
Bio-RIDE scheme is aimed at transforming the country's biotechnology landscape and to contribute towards achieving a $300 billion bioeconomy by 2030. Implementation of various programs on biotechnology research, development and innovation, human resource and infrastructure development, approval of BioE3 Policy and other Government of India reforms have contributed to maintain a consistent growth of biotechnology sector during last decade. India's bioeconomy has reached $195.3 billion in 2025, up from $165 billion in 2024, reflecting an 18% annual growth rate as detailed in the India Bioeconomy Report 2026 released on 19.03.2026.
The Department of Biotechnology (DBT), Governm...