India’s Bioeconomy: Growth, Innovation, and the Road Ahead

India’s Bioeconomy: Growth, Innovation, and the Road Ahead upsc

From Current Affairs Notes for UPSC » Editorials & In-depths » This topic

In light of the recently released India BioEconomy Report 2025, India’s bioeconomy has emerged as a powerful engine of growth, innovation, and sustainability. The report reveals that the sector has reached a value of 5.7 billion in 2024, contributing over 4.25% to the national GDP. This remarkable growth signals India's potential to become a global leader in biotechnology, with ambitious plans to grow the bioeconomy to 0 billion by 2030 and 

trillion by 2047.

Understanding the Bioeconomy and Its Rising Role

  • The bioeconomy refers t

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