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Must target biotech sovereignty by 2047, says Mazumdar-Shaw
Business Standard
|November 19, 2025
India must strive for ‘biotech sovereignty’ by 2047, a goal that would empower the nation to “ideate, design, engineer, manufacture and regulate its own breakthroughs at global standards”, asserted Biocon executive chairperson Kiran Mazumdar Shaw at the Bengaluru Tech Summit 2025 on Tuesday.
Speaking on the road map for Indian biotechnology, Mazumdar Shaw highlighted the rapid growth of India’s bio-economy, which swelled from a mere $10 billion in 2014 to $165 billion in 2024, and is projected to hit $330 billion by 2030. To sustain this trajectory and unlock its full potential, she stated, “We need a quantum leap.”
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