• About Us
  • Our Editorial Policy
  • Business Directory
  • Advertise with Us
  • Our Advertisers
  • Contact Us
Australia India News
  • Alluring India - Brisbane Banner
India News Australia
  • Home
  • Current Issue
    Past Issue
  • India News
  • Business
  • World
    World This Week
  • Community News
  • What's On
  • Others
    Yoga in Australia News COVID-19 Community News Naari IPL News Health Travel Entertainment
  • National Events
  • Alluring India 2026
  • Please wait..
Business and Trade news

India accounts for 21 out of 121 bio-companies globally, says Jitendra Singh

  • BY India News Newsdesk
  • September 1, 2025
  • 0 COMMENTS

New Delhi, Sep 1 (IANS) In a key step in positioning India as a global hub for biotechnology-led growth, Union Minister of State (Independent Charge) for Science and Technology Dr. Jitendra Singh on Monday said the country now accounts for 21 out of the 121 bio-companies globally.

Speaking at an interactive meet of the Department of Biotechnology (DBT) and BIRAC with industry stakeholders at India International Centre here, Singh said: “This is not a small achievement for a country that once followed others; today, we are among the first movers in institutionalising biomanufacturing policy”.

At the event, Singh also launched the High-Performance Biomanufacturing Platforms under the BioE3 (Biotechnology for Economy, Environment, and Employment) Policy.

The newly launched platforms bring together 21 advanced bio-enabler facilities across the country.

These facilities will offer shared infrastructure for startups, small and medium enterprises, industries, and academic institutions to test, scale, and commercialise technologies. The scope of work spans microbial biomanufacturing, smart proteins, sustainable agriculture, functional foods, carbon capture, marine biotechnology, and next-generation cell and gene therapies.

Highlighting India’s recent strides, the Minister noted that the country’s bioeconomy has grown from about $10 billion to nearly $100 billion today, with a target of reaching $300 billion in the coming years.

He also underlined the expansion of biotech startups, which have risen from just 50 a decade ago to over 13,000 today, supported by nearly 100 incubators under BIRAC.

“We are among the first movers in institutionalising biomanufacturing policy,” Singh said.

The Minister said the government’s focus on biomanufacturing was part of a larger vision to make India self-reliant in critical sectors and reduce dependence on imports.

“Bio-enablers are the foundation of India’s next wave of biotechnology-led growth. By providing world-class platforms, tools, and infrastructure, bio-enablers empower our scientists, startups, and industry to move faster from ideas to innovations, and from laboratories to markets,” he said.

–IANS

rvt/

Post navigation

Bengali-speaking Hindus most comfortable under BJP rule in Assam: CM Sarma
Mahindra & Mahindra’s tractor exports jump 37 pc in August

Related Post

ICAI aims to connect startups, MSMEs with investors through ScaleUp India Summit
June 28, 2026
Pakistan’s central bank profit transfer to govt seen falling 41 pc: Report
June 28, 2026
Piyush Goyal asks Indian businesses to convert India-UK CETA opportunities into growth
June 28, 2026
India, Japan to launch framework for biogas-powered vehicles: Report
June 27, 2026

Our Current Issue

Alluring India 2026

Alluring India 2026

Our Advertisers

  • Battery Rebate australia
  • Bess Australia Solar Panels
  • Alluring India - Brisbane 2026

Follow Us

  • facebook
  • facebook
  • facebook
  • facebook
INDIA NEWS on YouTube in Australia, bring to our readers and subscribers national and international news, editorials, expert columns, community activities and interviews of political leaders, celebrities, business professionals, academics and sport personalities among others.
  • facebook
  • facebook
  • facebook
  • facebook

Category

  • Accident
  • Adani Australia
  • Advertorial
  • Alluring India 2026
  • Arts & Culture
  • Ashes 2022

Recent News

  • FIFA WC 2026: Egypt sweat over Salah’s...
  • Maharaja Trophy KSCA T20: Rohan Patil steers...

Subscribe Newsletter

Get the latest creative news from india news

  • Privacy Policy
  • Disclaimer
Alluring India 2026