India’s Bioeconomy: Pioneering Growth Through Innovation and Sustainability

The world is at the cusp of a new industrial revolution driven by bio-innovation. Among emerging economies, India’s Bioeconomy represents a remarkable journey of innovation, growth, and increasing global influence. Over the past decade, India’s Bioeconomy has grown significantly from $10 billion in 2014 to $151 billion by the end of 2023. With the launch of ambitious BioE3 (Biotechnology for Economy, Environment and Employment), India is expected to reach $300 billion by 2030, marking a crucial step in economic transformation and positioning India as a global biotech leader.