🗞️ Why in News The India BioEconomy Report (IBER) 2026, released by the Department of Biotechnology (DBT), revealed that India’s bioeconomy surged 18% to a record $195.3 billion in 2025, contributing 4.8% to national GDP — the highest share ever recorded.

India’s Bioeconomy: A 20-Fold Rise in a Decade

The Numbers

Year Bioeconomy Size Growth Rate GDP Share
2014 $10 billion ~0.5%
2020 $70.2 billion ~15% 2.7%
2024 $165.7 billion ~16% 4.2%
2025 $195.3 billion 18% 4.8%
2030 (Target) $300 billion

The bioeconomy added $29.6 billion in a single year — the largest absolute addition ever. Union Minister of State for Science and Technology Dr. Jitendra Singh described the growth as “a validation of India’s science-led development model.”

Sector-Wise Breakdown

Sector Value (2025) Share Key Areas
BioIndustrial $90.2 billion 46.2% Biofuels, bioplastics, industrial enzymes, bio-based chemicals
BioPharma $64.5 billion 33.0% Vaccines, biosimilars, recombinant drugs, diagnostics
BioServices $26.0 billion 13.3% Contract research, clinical trials, bioinformatics
BioAgri $14.6 billion 7.5% Biopesticides, biofertilizers, transgenic crops, tissue culture

Biotech Startup Ecosystem

India’s biotech startup ecosystem continues to strengthen:

  • Cumulative biotech startups: 11,855 (2025) — up from 10,075 in 2024
  • New startups in 2025: 1,780
  • India is the 3rd largest biotech destination in Asia-Pacific (after China and South Korea)
  • Biotechnology Industry Research Assistance Council (BIRAC) has funded over 5,000 startups since inception

Key Government Enablers

  1. National Biotechnology Development Strategy 2021-25: Roadmap for bioeconomy growth
  2. BIRAC (Biotechnology Industry Research Assistance Council): Under DBT; provides funding, mentorship, and incubation
  3. Bio-PRIDE (Promoting Research Innovation Development through Enterprise): Startup support programme
  4. Genome India Project: Whole genome sequencing of 10,000 Indians for precision medicine
  5. BioRRAP (Bio-Risk Regulatory Automation Portal): Single-window clearance for biotech products

India as “Pharmacy of the World”

India’s BioPharma sector ($64.5 billion) is underpinned by the country’s role as the “Pharmacy of the World”:

  • India supplies 20% of global generic medicines
  • 60% of global vaccines are produced in India
  • Serum Institute of India: World’s largest vaccine manufacturer by volume
  • India produces ~50% of global demand for various vaccines including DPT, BCG, and measles

UPSC Relevance

Prelims: Bioeconomy data, BIRAC, DBT, Genome India Project, BioRRAP. Mains GS-3: Biotechnology as an economic driver, India’s pharma sector, biotech startups, S&T policy for economic growth. Mains GS-2: Government initiatives for scientific research and innovation.

📌 Facts Corner — Knowledgepedia

India BioEconomy Report (IBER) 2026:

  • Released by: Department of Biotechnology (DBT), Ministry of Science and Technology
  • India’s bioeconomy (2025): $195.3 billion
  • Growth: 18% (highest in recent years)
  • GDP contribution: 4.8%
  • Target: $300 billion by 2030

Sector Breakdown:

  • BioIndustrial: $90.2 billion (46.2%)
  • BioPharma: $64.5 billion (33.0%)
  • BioServices: $26.0 billion (13.3%)
  • BioAgri: $14.6 billion (7.5%)

Biotech Startups:

  • Total registered: 11,855 (2025)
  • New in 2025: 1,780
  • India: 3rd largest biotech destination in Asia-Pacific
  • BIRAC funded: 5,000+ startups

Key Institutions:

  • DBT (Department of Biotechnology): Est. 1986, under Ministry of S&T
  • BIRAC: Est. 2012, under DBT; funds biotech startups
  • NCBS (National Centre for Biological Sciences): Bangalore
  • CDFD (Centre for DNA Fingerprinting & Diagnostics): Hyderabad

Other Relevant Facts:

  • India: “Pharmacy of the World” — 20% of global generics, 60% of global vaccines
  • Serum Institute of India (Pune): World’s largest vaccine manufacturer by volume
  • Genome India Project: Sequencing 10,000 Indian genomes
  • Bioethanol Blending Programme: E20 target (20% ethanol blending by 2025-26)
  • India’s biotech sector FDI: 100% FDI allowed under automatic route

Sources: Business Standard, PIB, IBEF, InsightsIAS