Can technology uplift the Indian BioSuppliers ecosystem?

The bioindustrial and biopharma segment have emerged as the two key sectors contributing majorly (82 per cent) to India's bioeconomy which stands at $165.7 billion in 2024.

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The development of new drugs, vaccines, cell therapies by Indian companies are further strengthening these segments, thereby enhancing the innovation potential of our country. But these innovations require a strong domestic biosupplier ecosystem which is currently dominated by foreign players. However, with the advent of new technologies such as artificial intelligence, generative AI, automation etc, can we expect self-reliance within the domestic biosupplier sector anytime soon? Let's find out.

India has emerged as a key player in the global biopharmaceutical industry, and with the rapid expansion of biologics and biosimilars, the role of domestic biosuppliers has never been more crucial. Also, with a funding support of Rs 1500 crore under the Biotechnology Research Innovation and Entrepreneurship Development (Bio-RIDE) scheme by the government, for promoting high performance biomanufacturing and biofoundry support to the industry, the call for reducing the dependence on imported research equipment, consumables and raw materials is getting strongly established.

According to the India Bioeconomy Report 2025, developed by the Association of Biotechnology Led Enterprises (ABLE), the bioindustrial segment, representing nearly half of the bioeconomy valued at $165.7 billion, stands at $78.2 billion. Its dominance reflects the growing adoption of bio-based solutions across sectors such as biofuels, chemical, bioplastics and enzymes. Likewise, with a significant 35.2 per cent share, valued at $58.4 billion, the biopharma segment is growing stronger with development of new drugs, vaccines, and therapies by the Indian companies.