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India's bioeconomy surged to $166 bn in '24 from $10 bn in '14: Shah

The New Indian Express Kochi

|

January 14, 2026

UNION Home and Cooperation Minister Amit Shah on Saturday highlighted India’s rapid biotechnology expansion, saying the country’s bioeconomy has grown from $10 billion in 2014 to $166 billion in 2024.

- DILIP SINGH KSHATRIYA

India's bioeconomy surged to $166 bn in '24 from $10 bn in '14: Shah

He was speaking after laying the foundation stone of a high-security BSL-4 biocontainment facility at the Gujarat Biotechnology Research Centre in Pethapur, Gandhinagar.

Calling the moment a turning point, Shah said the new facility represents “India’s resolve to protect its people through science developed on Indian soil”. He said consistent policies and innovation have helped India move from dependence to leadership in life sciences.

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