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India's Bioeconomy grows 18% to $195.3 billion in 2025, says report

20 Mar 2026
1 min

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

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BioServices

BioServices represent the segment of the BioEconomy that provides services related to biotechnology. This can include contract research, testing and analysis, bioinformatics, and consulting services for the biotech industry.

BioAgri

This segment of the BioEconomy relates to the application of biotechnology in agriculture. It encompasses genetically modified crops, biopesticides, biofertilizers, and other agricultural innovations aimed at improving crop yield and resilience.

BioIndustrial

The BioIndustrial segment of the BioEconomy pertains to the use of biological systems and processes in industrial applications. This includes areas like biofuels, biochemicals, industrial enzymes, and biomaterials.

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