India Bioeconomy: A Surge in Biotechnology Growth and Sustainable Development
Thursday, 12 September 2024, 23:46
India's Bioeconomy Reaches USD 151 Billion
India's bioeconomy has surged to USD 151 billion by the end of 2023. This impressive growth reflects advancements in biotechnology that contribute significantly to national development.
Key Drivers Behind Biotechnology Growth
- Bioe3 Policy initiatives stimulating innovation.
- Biopharma sector expansion enhancing healthcare outcomes.
- Biomanufacturing improving production efficiency.
- Bioagri addressing food security challenges.
- Biofuels supporting energy sustainability.
AI's Role in Advancing Biotechnology
The integration of AI in biotech has further propelled research and development, paving the way for breakthroughs in various medical fields.
The upcoming Global Bio-India Summit promises to be a catalyst for further collaboration and innovation in biotechnology.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.