India’s Bioeconomy surges from $10 billion to $195 billion in a decade, Registers 17–18% Annual Growth: Dr Jitendra Singh
- Bioeconomy = economic activity from biological resources & biotech (pharma, bio-agri, bio-industrial, bio-IT/services). India's bioeconomy grew from ~$10 bn (2014) to $195.3 bn (2025), ~5% of GDP.
- Announced by Dr Jitendra Singh, MoS (IC) Science & Technology, at BIRAC 14th Foundation Day, 19 March 2026, alongside release of IBER 2026.
- Target: $300 bn bioeconomy by 2030; anchored by the BioE3 Policy (Cabinet, Aug 2024).
- Relevant for GS-III (Economy, Science & Tech, Biotechnology) and Prelims schemes/agencies.