New Delhi: India bioeconomy growth reached over $190 billion from nearly $10 billion in 2014, Union Minister Dr Jitendra Singh said while highlighting 12 years of progress in science, technology and innovation.
Addressing a press conference at the SSB Auditorium in CSIR Headquarters, New Delhi, the Minister said science had moved beyond laboratories and created direct benefits for citizens. He said government programmes increasingly depended on indigenous technologies across healthcare, agriculture, space, energy and infrastructure.
Dr Jitendra Singh said India aimed to expand its bioeconomy to $300 billion by 2030. He highlighted advances in genomics, diagnostics, biopharmaceuticals, affordable CAR-T cell therapy and next-generation antibiotics. He said policies such as the BioE3 framework supported this growth.
The Minister said CSIR strengthened links with industries, startups, farmers and communities. He cited the Aroma Mission as an example of science creating new livelihood opportunities, especially in Himalayan regions.
Space startups and India bioeconomy growth showcase innovation
Dr Jitendra Singh said India’s space sector witnessed rapid expansion, with startups increasing from single digits to over 400. He said the space economy, valued at nearly $8 billion, was projected to reach $45 billion in the coming years.
He said Chandrayaan-3 established India as the first country to achieve a successful landing near the Moon’s south pole. The Minister added that private participation and institutional reforms accelerated innovation in the sector.
On weather services, he said India expanded its weather radar network from 17 radars in 2014 to nearly 50 operational systems. Another 50 radars were planned under Mission Mausam. Weather forecasting coverage also increased from around 300 cities to nearly 1,700 locations.
Dr Jitendra Singh said future goals included the Bharatiya Antariksh Station by 2035 and an Indian Moon landing by 2040. He added that scientific progress would support the vision of Viksit Bharat 2047 through new jobs, technologies and national development.
