India's Bioeconomy to Reach $300 Billion by 2030

Union Minister Dr. Jitendra Singh announced that India's bioeconomy is projected to grow from $165.7 billion in 2024 to $300 billion by 2030, marking the one-year anniversary of the BioE3 Policy. The initiative includes the launch of the BioE3 Challenge for Youth and the National Biofoundry Network to enhance biomanufacturing and innovation. The program aims to empower young innovators to develop sustainable biotechnology solutions across various sectors, reflecting the government's commitment to economic growth through biotechnology.

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