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India BioEconomy Report 2026
March 22 , 2026
15 hrs 0 min
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- The Biotechnology Industry Research Assistance Council (BIRAC) released the India BioEconomy Report (IBER) 2026 in New Delhi.
- India’s bioeconomy reached $195.3 billion in 2025, contributing about 4.8–5% of GDP.
- The sector grew at 18%, showing strong expansion in recent years.
- The BioIndustrial segment was the largest, followed by BioPharma, Bio Services, and Bio Agri.
- India has over 11,800 biotech startups and more than 150 Global Capability Centres (GCCs) in life sciences.
- The report highlights India’s potential to become a global leader in biotechnology and aims toward a $1 trillion bioeconomy by 2047.
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