Bioeconomy
Potential: India’s bioeconomy is likely to touch USD 150 billion by 2025 and over USD 300 billion by 2030.
Valuation and Growth Rate: India’s bioeconomy has reached over USD 80 billion in 2021, registering a 14.1 per cent growth over USD 70.2 billion in 2020.
Total Biotech Start-ups: A total of 1,128 biotech startups set up in 2021.
India’s Rank in terms of Plants: India has the second highest number of USFDA-approved manufacturing plants outside the US.
Schemes & Programs
National Biopharma Mission: It is a Department of Biotechnology (DBT) programme worth US$ 250 million, aims to bring together industry and academia in ....
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- 8 Human Development Report 2023-24
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