India's Biotechnology Sector Reaches $165.7 Billion by 2024

India's bioeconomy hit the $150 billion mark in 2023, two years ahead of projections. By 2024, it grew to $165.7 billion. This growth aligns with strategies in the National Biotech Development Strategy 2021, focusing on innovation, manufacturing, and strategic initiatives by the Department of Biotechnology and BIRAC. Programs such as the National Biopharma Mission and the BioE3 Policy support biopharmaceutical advancements and innovation in the sector.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link