India Bio-Economy Projected to Reach $1 Trillion by 2047

Union Minister Dr. Jitendra Singh projects India's bio-economy will grow to $1 trillion by 2047, driven by biotechnology-led growth.
India's bio-economy expanded from $10 billion in 2014 to over $165 billion currently, growing at nearly 18% annually.
Biotech startups increased from around 50 to over 11,000, with a $300 billion bio-economy target set for 2030.
Government established ₹50,000 crore Anusandhan National Research Foundation and ₹1 lakh crore RDI Fund for deep-tech innovation.