The bioeconomy is the use of renewable biological resources to produce food , energy and industrial goods which supports sustainability and economic growth.

Innovations like gene editing and bio printing are driving progress.

India aims to become a global hub for bio-manufacturing backed by strong R&D infrastructure, cutting edge technology and skilled scientific workforce

India also seeks to lead globally in bio - pharma, including vaccines, diagnostics and therapeutics.

Initiatives by government

1. BioE3 policy
2. -National Biopharma Mission
3. Bio Agriculture
4. Biotech - KISAN
5. Energy and Power Security in India - Bio energy
6. BIRAC

10 principles for a sustainable bioeconomy

March 2025

Key takeaways  •  India's bioeconomy has grown from $10 billion in 2014 to $165.7 billion in 2024, marking a 16 fold increase, with a target of $300 billion by 2030.  •  The sector contributes 4.25% to GDP with a compound annual growth rate (CAGR) of 17.9% over the past four years.  •  The government aims to make India a global bio-manufacturing hub driven by innovation, sustainability, and inclusive development.  •  BioE3 promotes regenerative biomanufacturing and supports a circular bioeconomy aligned with India’s net-zero goals.  •  The National Biopharma Mission, co-funded with the World Bank ($250 million), supports over 100 projects and 30 MSMEs.  •  India is among the top producers of vaccines globally and developed the world’s first DNA COVID-19 vaccine.  •  Ethanol blending increased from 1.53% in 2014 to 15% in 2024, with a target of 20% by 2025.