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India targets a 300 billion bioeconomy by 2030 as growth surges past 195 billion
Economy
Published on 24 April 2026
From 10 billion to 195 billion in just 11 years
India is rapidly expanding its bioeconomy, rising from roughly $10 billion in 2014 to more than $195 billion in 2025, according to Jitendra Singh. The government’s direction points to reaching a $300-billion milestone by 2030, highlighting momentum in biotech, research, and bio-based industries as policymakers aim to scale impact.
- Bioeconomy growth leapt from about $10 billion in 2014
- It crossed $195 billion by 2025, per Jitendra Singh
- India is working toward a $300-billion target by 2030
- Bio-based industries could accelerate economic and innovation gains
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times