RAS question
According to the India BioEconomy Report 2026, what was the size of India's bioeconomy in 2025?
Correct answer: (C) $195.3 billion.
According to the India Bioeconomy Report 2026, India's bioeconomy reached $195.3 billion in 2025.
Explanation
India's bioeconomy was $195.3 billion in 2025, as reported in the India Bioeconomy Report 2026. The figure matters because it marks a clear rise from $165 billion in 2024 and reflects an 18% annual growth rate. In the wider economic frame, the bioeconomy contributed 4.8% to GDP, with BioIndustrial leading at $90.2 billion and BioPharma following at $64.5 billion. The PIB source ties this growth to sustained biotechnology programmes, research and innovation support, infrastructure development, the BioE3 Policy and Government of India reforms, while separately identifying $300 billion as the bioeconomy target for 2030.
Why the other options are wrong
- (A) $100 billion understates the reported 2025 figure, since the India Bioeconomy Report 2026 placed India's bioeconomy at $195.3 billion.
- (B) $150 billion is below both the reported 2025 size of $195.3 billion and the 2024 base of $165 billion.
- (D) $300 billion is not the 2025 size; PIB treats it as the bioeconomy target to be achieved by 2030.
Concept
This tests the Science and Technology current-affairs concept of India's bioeconomy and biotechnology policy ecosystem. RAS often revisits such figures because they connect economic indicators with government schemes, industrial sectors and innovation policy.
