New Delhi: India's bioeconomy can expand to USD 691 billion by 2035, create over 30 million high-value jobs and position the country among the world's top three biotechnology powers, according to a roadmap unveiled by NITI Aayog on Thursday, as Union Minister Dr Jitendra Singh said India is ready to take a leadership role in the next wave of biotechnology-driven growth.
Launching the Roadmap for Building India as a Leading Bioeconomy Powerhouse by 2035, Singh said the "fourth industrial revolution is being driven by biotechnology" and noted that the global bioeconomy market is currently valued at USD 1.4-1.8 trillion, while India already has more than 11,000 biotechnology startups.
