Union Minister of State (Independent Charge) for Science & Technology (S&T) Dr Jitendra Singh recently announced the launch of the roadmap for "Making India a Leading Bioeconomy Power by 2035".
A central proposal of the roadmap is the creation of a Rs 50,000 crore BioEconomy Growth Fund (2026–2035) to close India’s most dangerous gap - the “valley of death” between proof-of-concept and manufacturing at scale.
Anchored within the national RDI framework, this fund would deploy blended finance, catalytic equity and infrastructure support for biomanufacturing, advanced therapeutics, fermentation platforms, biomaterials, diagnostics and synthetic biology.
NITI Aayog member Prof. Govardhan Das said that the roadmap aims to take India's bioeconomy to about $700 billion by 2035 with the help of the proposed Bioeconomy Development Fund of Rs 50,000 crore, improved talent pipeline and world-class bio-manufacturing capabilities. He appealed to the industry, researchers and investors to work together towards making India one of the top biotechnology powers in the world.
The roadmap proposes a decisive shift from fragmented programmes to National BioMissions with time bound delivery. Flagship efforts being suggested are:
This roadmap has been prepared by NITI Frontier Tech Hub (FTH) in consultation with experts and stakeholders.