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Indian Bioeconomy Report 2022
July 27 , 2022
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- The Biotechnology Industry Research Assistance Council (BIRAC) recently released its “India Bioeconomy Report 2022”.
- India’s bioeconomy is expected to reach USD 150 billion by 2025 and more than USD 300 billion by 2030.
- In 2021, India’s bioeconomy has touched USD 80 billion, accounting for a growth of 14.1 per cent growth.
- It was 70.2 billion USD in 2020.
- Three biotech start-ups were set up every day, on an average, in 2021.
- Thus, 1128 biotech start-ups were set up in 2021.
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