The India BioEconomy Report 2021 is brought out by the Biotechnology Industry Research Assistance Council (BIRAC), through its Make in India Cell and the Association of Biotechnology Led Enterprises (ABLE).
Key Findings
India’s BioEconomy by the end of calendar year 2020 was valued at $70.2 Billion. India registered 12.3 percent growth in BioEconomy compared to the previous year’s figure of $62.5 billion.
The share of BioEconomy in the national GDP too has been rising steadily in the last few years. The share in 2020 stands at 2.7 % against 2.2 % in 2019.
India now has over 4,237 biotech start-ups, nearly a ....
