India's bio-economy projected to reach $300 bn by 2030: Jitendra
The Statesman Delhi|January 02, 2025
Union minister Jitendra Singh on Wednesday said the country's biotechnology sector has experienced extraordinary growth, skyrocketing from a USD 10 billion industry in 2014 to over USD 130 billion in 2024, with projections to reach USD 300 billion by 2030.
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In an exclusive interview to Doordarshan News, he exuded confidence that the year 2025 will witness India assuming a critical role in Global Biotechnology revolution and that India's 1st Biotechnology policy- BIO-E3 brought by Modi Govt 3.0 has already paved the way for it.

Pointing out that, "India is not only a leader in biotechnology but is now at the center of a global biotech boom, which will foster innovation, create jobs, and strengthen environmental commitments," the Minister highlighted India's significant strides in biotechnology and the nation's growing global leadership in Biotechnology.

Reflecting on the past decade of progress under the leadership of Prime Minister Narendra Modi, he emphasized the pivotal role of biotechnology in India's future, particularly as the country continues to embrace innovation, technology-based interventions, and startups.

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