India’s Bioeconomy: An Untapped Treasure - By Deepika Singh

As the world witnesses climate change, the drive towards sustainable development is no longer an alternative, it is a necessity. Bioeconomy can help to achieve development in an environment-friendly manner and be a solution for societal challenges. India’s bioeconomy, valued at over USD 80 billion in 2021, is expected to reach USD 300 billion by 2030. Thus, India can reap the benefits of bioeconomy provided it overcomes the constraints and works with fullest potential.

Recently, India Bioeconomy Report 2022 was released by Biotechnology Industry Research Assistance Council (BIRAC). As per the report, India’s bioeconomy is likely to touch USD 150 billion ....

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