https://www.iasexam.com/indias-biotech-sector-innovation-growth/ India’s Biotech Sector: Innovation & Growth India’s biotechnology sector has witnessed remarkable growth over the past decade, establishing itself as a critical component of the country’s economy. According to the India Bioeconomy Report 2025, the bioeconomy has expanded 16-fold, growing from $10 billion in 2014 to $165.7 billion in 2024. This trajectory highlights the sector’s potential to transform India’s economic landscape and contribute significantly to global biotechnology advancements.