City
Epaper

India accounts for 21 out of 121 bio-companies globally, says Jitendra Singh

By IANS | Updated: September 1, 2025 18:00 IST

New Delhi, Sep 1 In a key step in positioning India as a global hub for biotechnology-led growth, ...

Open in App

New Delhi, Sep 1 In a key step in positioning India as a global hub for biotechnology-led growth, Union Minister of State (Independent Charge) for Science and Technology Dr. Jitendra Singh on Monday said the country now accounts for 21 out of the 121 bio-companies globally.

Speaking at an interactive meet of the Department of Biotechnology (DBT) and BIRAC with industry stakeholders at India International Centre here, Singh said: “This is not a small achievement for a country that once followed others; today, we are among the first movers in institutionalising biomanufacturing policy”.

At the event, Singh also launched the High-Performance Biomanufacturing Platforms under the BioE3 (Biotechnology for Economy, Environment, and Employment) Policy.

The newly launched platforms bring together 21 advanced bio-enabler facilities across the country.

These facilities will offer shared infrastructure for startups, small and medium enterprises, industries, and academic institutions to test, scale, and commercialise technologies. The scope of work spans microbial biomanufacturing, smart proteins, sustainable agriculture, functional foods, carbon capture, marine biotechnology, and next-generation cell and gene therapies.

Highlighting India’s recent strides, the Minister noted that the country’s bioeconomy has grown from about $10 billion to nearly $100 billion today, with a target of reaching $300 billion in the coming years.

He also underlined the expansion of biotech startups, which have risen from just 50 a decade ago to over 13,000 today, supported by nearly 100 incubators under BIRAC.

“We are among the first movers in institutionalising biomanufacturing policy,” Singh said.

The Minister said the government’s focus on biomanufacturing was part of a larger vision to make India self-reliant in critical sectors and reduce dependence on imports.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalVictory Day: Sheikh Hasina's son warns of increasing Pak-backed proxies in Bangladesh

BusinessSensex, Nifty end lower on weak global cues

InternationalIndia-Maldives joint military exercise EKUVERIN concludes in Thiruvananthapuram

NationalBondi Beach attack sparks intelligence alert ahead of New Year crowds in India

CricketIPL Auction 2026: Why Cameron Green will get Rs 18 crore despite being sold for Rs 25.2 crore?

Technology Realted Stories

TechnologyIndia’s long-term outlook remains positive, indices to remain near all-time high in 2025

TechnologyIndia likely to touch 5 million metric tonnes of green hydrogen capacity by 2030

TechnologyIIT Delhi, AIIMS’s new ingestible device can collect microbial samples from small intestine

TechnologyGlobal leaders adopt political declaration to combat diabetes, high BP and mental health by 2030

Technology'India sees Taiwan as vital technology partner'