India's 'bio economy' has grown eight times in the last eight years and has reached $80 billion from $10 billion, Prime Minister Narendra Modi said on Thursday, June 9, 2022, asserting that the country is not too far from reaching the league of top 10 countries in the global ecosystem of biotech.
“We have grown from $10 billion to $80 billion. India is not too far from reaching the league of top-10 countries in biotech’s global ecosystem,” he said. The Prime Minister underlined the contribution of Biotechnology Industry Research Assistance Council (BIRAC) in the development of the sector in the country
Mr. Modi said that trust in the skill and innovation of India’s information technology professionals in the world was at “new heights” and this upbeat mood was now evident in the biotech sector as well as among the biotechnology professionals of India.”
