BIRAC's 14th Foundation Day and Achievements
The Biotechnology Industry Research Assistance Council (BIRAC) celebrated its 14th Foundation Day, marking significant milestones in the biotechnology sector in India.
- Funding Support: BIRAC has facilitated more than ₹4,200 crore in funding to over 15 lakh startups, entrepreneurs, companies, and innovators.
- Public Sector Enterprise: BIRAC is established by the Department of Biotechnology.
- India BioEconomy Report 2026: Released to commemorate the occasion, this report highlights key aspects and projections of India's BioEconomy.
India's BioEconomy Structure
India's BioEconomy is the economic value arising from activities enabled by biotechnology. It is segmented into four main areas:
- BioIndustrial
- BioPharma
- BioServices
- BioAgri
Each segment includes various subsegments and industry categories contributing to the national BioEconomy output.
Bio-tech Funding Landscape
- Total Deals: 208
- Total Investment: $4.6 billion
- Investments in 2025: $1.58 billion
- Private Equity Exits: 45
- Exit Value: $6.15+ billion