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South leads in bioeconomy boom with 45.4% share in 2024

Economic Times · 3m

In 2024, South India led India's bioeconomy with a 45.4% share, followed by the western region. Maharashtra, Karnataka, and Telangana were key biotech hubs. The bio-industrial sector, alongside biopharma, drove India's bioeconomy to $165.7 billion. With advancements in biomanufacturing and agribiotech, India is poised to become a global bio-industrial leader. A call for increased private-sector investment in the bioeconomy aims to further bolster this growth.