The India BioEconomy Report (IBER) 2026, unveiled at BIRAC's 14th Foundation Day, reveals that India's bioeconomy reached $195.3 billion in 2025 — contributing 4.8% to GDP with 18% annual growth. BioIndustrial leads at $90.2 billion, followed by BioPharma ($64.5 billion), BioServices ($26 billion) and BioAgri ($14.6 billion). India now has 11,855 registered biotech startups with 1,780 added in 2025 alone. Over 150 Global Capability Centres employ 300,000+ professionals. Union Minister Dr. Jitendra Singh highlighted the nearly 20-fold growth from $10 billion a decade ago. India targets a $300 billion bioeconomy by 2030 and $1 trillion by 2047.
India BioEconomy Report 2026: Sector Reaches $195.3 Billion with 18% Growth
India BioEconomy grew 18% to $195.3 billion in 2025 with 11,855 biotech startups; targets $300 billion by 2030.
Key facts
- India's bioeconomy reached $195.3 billion in 2025, contributing 4.8% to GDP with 18% annual growth, as per IBER 2026.
- BioIndustrial leads at $90.2 billion, followed by BioPharma ($64.5 billion), BioServices ($26 billion) and BioAgri ($14.6 billion).
- India now has 11,855 registered biotech startups with 1,780 added in 2025 alone.
- Over 150 Global Capability Centres employ 300,000+ professionals in the bioeconomy sector.
- India targets a $300 billion bioeconomy by 2030 and $1 trillion by 2047, growing nearly 20-fold from $10 billion a decade ago.
Mains angle
Answer (50 words):
India's bioeconomy reached $195.3 billion in 2025, contributing 4.8 percent of GDP with 18 percent annual growth, per the India BioEconomy Report 2026 released on BIRAC's 14th Foundation Day. BioIndustrial leads at $90.2 billion, BioPharma follows at $64.5 billion. With 11,855 biotech startups, India targets $300 billion by 2030.
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Source: Business Standard
Frequently asked questions
What is India's bioeconomy size as per the India BioEconomy Report 2026?
According to the **India BioEconomy Report (IBER) 2026**, India's bioeconomy reached **$195.3 billion in 2025**, contributing **4.8% to GDP** with **18% annual growth**. The report was unveiled at **BIRAC's 14th Foundation Day**. India targets a **$300 billion bioeconomy by 2030** and **$1 trillion by 2047**, growing nearly **20-fold** from $10 billion a decade ago.
Which sector leads India's bioeconomy as per IBER 2026 and what are the other segments?
As per **IBER 2026**, **BioIndustrial** leads India's bioeconomy at **$90.2 billion**, followed by: - **BioPharma**: $64.5 billion - **BioServices**: $26 billion - **BioAgri**: $14.6 billion The total bioeconomy was **$195.3 billion in 2025**, contributing **4.8% to GDP** with **18% annual growth**.
How many biotech startups does India have as per the India BioEconomy Report 2026?
India has **11,855 registered biotech startups** as of the **India BioEconomy Report 2026**, with **1,780 new startups added in 2025 alone**. Additionally, over **150 Global Capability Centres** in the bioeconomy sector employ **300,000+ professionals**. The sector grew to **$195.3 billion in 2025**, growing nearly **20-fold** from $10 billion a decade ago.
What is India's target for its bioeconomy by 2030 and 2047?
India targets a **$300 billion bioeconomy by 2030** and a **$1 trillion bioeconomy by 2047** (Viksit Bharat). As per **IBER 2026**, the sector was **$195.3 billion in 2025** — growing nearly **20-fold from $10 billion** a decade ago at **18% annual growth** and contributing **4.8% to GDP**.
Who released the India BioEconomy Report 2026 and at which event?
The **India BioEconomy Report (IBER) 2026** was unveiled at **BIRAC's (Biotechnology Industry Research Assistance Council) 14th Foundation Day**. **Union Minister Dr. Jitendra Singh** highlighted the nearly **20-fold growth** of India's bioeconomy from **$10 billion a decade ago to $195.3 billion in 2025**, with targets of **$300 billion by 2030** and **$1 trillion by 2047**.
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