Published: 15 October 2025Economy
India's Biotech Surge: Startups Cross 10,000 Mark, Bioeconomy Eyes $300 Billion by 2030
India's biotechnology sector has witnessed explosive growth, with biotech startups expanding from just 50 in 2014 to over 10,000 by October 2025. The sector has 94 incubators across 25 states. India supplies 60% of global immunisation doses, making it the world's pharmacy. The government has set a target of $300 billion bioeconomy by 2030.
However, a funding gap persists — India attracted $3 billion in biotech investment during 2023-25, compared to China's $12 billion. Over 40% of biotech PhDs emigrate for overseas opportunities. BIRAC's BioNEST network with over 100 incubators spanning 10.45 lakh sq ft has supported the development of more than 900 products and creation of 35,000 jobs. Rajasthan is emerging as a biotech hub with BIRAC-supported incubators at Rajasthan University and IIT Jodhpur.
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According to the CEEW report, every 1% increase in gender diversity yields how much productivity gain?
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Frequently asked questions
How many biotech startups does India have in 2025?
India's biotech startups grew from just **50 in 2014 to over 10,000 by October 2025**. The sector has **94 incubators across 25 states** and India supplies **60% of global immunisation doses**, making it the world's pharmacy.
What is India's bioeconomy target by 2030?
India has set a target of a **$300 billion bioeconomy by 2030**. The government has also set a goal of establishing **10,000 biotech startups** which has already been achieved — the sector reached this milestone by October 2025.
What is India's share in global vaccine supply?
India supplies **60% of global immunisation doses**, earning the country the title of the **'world's pharmacy'**. The biotech sector, with over 10,000 startups and 94 incubators across 25 states, supports this massive production capacity.
How does India's biotech investment compare to China?
India attracted **$3 billion in biotech investment during 2023-25**, compared to **China's $12 billion** — a significant funding gap. Over 40% of Indian biotech PhDs work abroad, indicating a talent retention challenge alongside the funding deficit.
How many biotech incubators does India have across how many states?
India has **94 biotech incubators across 25 states**, supporting a sector of over 10,000 startups as of October 2025. The government's $300 billion bioeconomy target by 2030 requires addressing a significant funding gap compared to competitors like China.
