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India BioEconomy Report 2025

The India BioEconomy Report 2025 estimates India's bioeconomy to be valued at over $165 billion, contributing more than 4.2% to the country's GDP. Key sectors include industrial applications, pharmaceuticals, and research, with significant growth in the number of companies involved. The report also highlights policy initiatives aimed at positioning India as a global leader in bio-manufacturing and biotechnology research.

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6 views3 pages

India BioEconomy Report 2025

The India BioEconomy Report 2025 estimates India's bioeconomy to be valued at over $165 billion, contributing more than 4.2% to the country's GDP. Key sectors include industrial applications, pharmaceuticals, and research, with significant growth in the number of companies involved. The report also highlights policy initiatives aimed at positioning India as a global leader in bio-manufacturing and biotechnology research.

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Santana Das
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India BioEconomy Report 2025

forumias.com/blog/india-bioeconomy-report-2025/

March 28, 2025

Posted on March 28th, 2025 Last modified on April 1st, 2025 CommentsViews 4.2k
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News-The India BioEconomy Report 2025 has estimated India’s bioeconomy to be
valued at over $165 billion, contributing more than 4.2% of the country’s GDP. India
BioEconomy Report 2025.

About India BioEconomy Report


It is an annual publication by the Department of Biotechnology and BIRAC that tracks the
growth and performance of India’s bioeconomy

The bioeconomy involves the industrial utilization of biological resources (plants,


animals, and microorganisms) and the replication of natural biological processes to
develop goods and services.
It promotes sustainable alternatives to traditional, resource-intensive production
systems

Applications of Bioeconomy

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Biofuels, bioplastics, medicines, synthetic biology, and agriculture are key areas
where bioeconomy is making an impact.
Example: India’s COVID-19 vaccines (Covaxin, Covovax) developed using
bioeconomy principles.
Example: Ethanol produced by microorganisms from crops like sugarcane
and corn is a prime illustration of bioeconomy’s role in reducing dependency
on hydrocarbon-based fuels.

Key Findings of the India BioEconomy Report

Market Growth:

India’s bioeconomy has almost doubled from $86 billion in 2020 to $165 billion in
2024.
The number of companies in the bioeconomy sector has increased by 90%, from
5,365 in 2021 to 10,075 in 2024, with expectations to double again by 2030.

Sectoral Contributions:

Industrial Sector: $78 billion—driven by biofuels and bioplastics.


Pharmaceuticals: 35% of total bioeconomy value, largely led by vaccines.
Research & IT: The fastest-growing segment, particularly in biotech software
development and clinical trials.

Regional Contribution:

Maharashtra, Karnataka, Telangana, Gujarat, and Andhra Pradesh contribute over


two-thirds of India’s bioeconomy value.
The Eastern and Northeastern regions account for less than 6%.

Global Comparison:

India’s bioeconomy-to-GDP share (4.2%) is comparable to the US and China.


However, countries like Spain and Italy have bioeconomy contributing over 20% of
their GDP.

Policy Initiatives:

The BioE3 Policy (Biotechnology for Economy, Environment, and


Employment), introduced in 2024, aims to position India as a global bio-
manufacturing hub and a leading biotech R&D center.
The policy focuses on advancing bio-based chemicals, functional foods,
precision biotherapeutics, marine & space biotechnology, and climate-resilient
agriculture.
National Bioeconomy Mission (Proposed): Suggested in the report to coordinate
policy and funding under one umbrella

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