The Biotechnology Industry Research Assistance Council (BIRAC) released the India BioEconomy Report (IBER) 2026 in New Delhi.
- India's bioeconomy stood at $195.3 billion in 2025, contributing roughly 4.8–5% of GDP, with growth of 18%.
- BioIndustrial was the largest segment, followed by BioPharma, Bio Services and Bio Agri.
- The country has over 11,800 biotech startups and more than 150 life-sciences Global Capability Centres (GCCs).
- The report sets sights on a $1 trillion bioeconomy by 2047.