What happened
NITI Aayog has proposed a major bioeconomy roadmap to help India become one of the world’s top three biotechnology powers by 2035. The plan calls for a ₹50,000-crore BioEconomy Growth Fund for 2026-35, a dedicated production-linked incentive scheme for biomanufacturing, and six national biotechnology missions.
The roadmap places biotechnology within a mission-mode policy framework and links it to new financing, regulatory reforms, and coordination across ministries. The proposal also projects the bioeconomy rising from $195.3 billion in 2025 to $691 billion by 2035 and $2.6 trillion by 2047, with more than 30 million high-value jobs.
What the proposed missions cover
The six proposed missions are meant to target specific sub-sectors of biotechnology and the bioeconomy.
Six proposed missions
Related current affairs
- NITI Aayog launches roadmap to build India as a leading bioeconomy powerhouse by 2035
- Centre-State partnership Conclave on BioE3 policy and notification of BioE3 Cells in select States
- India to launch first Engineering Biology graduation course; roadmap to build a Leading Bioeconomy Powerhouse by 2035
- Why India’s R&D system needs a map of where funds really go
- DIBD (Digital India BHASHINI Division) and NITI Aayog sign SoI to advance multilingual AI for inclusive governance
- Nadda Chairs CEO Roundtable at India Medical Device 2026 to Discuss Future of MedTech Ecosystem
