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	<title>Biotechnology Growth &#8211; News Analysis India</title>
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		<title>Dr. Jitendra Singh: India&#8217;s Bioeconomy to Reach $1T by 2047</title>
		<link>https://newsanalysisindia.com/tech/dr-jitendra-singh-indias-bioeconomy-to-reach-1t-by-2047/</link>
		
		<dc:creator><![CDATA[News Analysis India]]></dc:creator>
		<pubDate>Fri, 24 Apr 2026 17:39:44 +0000</pubDate>
				<category><![CDATA[Tech]]></category>
		<category><![CDATA[$1 Trillion Target]]></category>
		<category><![CDATA[2047 Projection]]></category>
		<category><![CDATA[Biotechnology Growth]]></category>
		<category><![CDATA[Genome India]]></category>
		<category><![CDATA[IIT-Roorkee]]></category>
		<category><![CDATA[India Bioeconomy]]></category>
		<category><![CDATA[Jitendra Singh]]></category>
		<category><![CDATA[National Quantum Mission]]></category>
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					<description><![CDATA[In a bold declaration at IIT Roorkee&#8217;s international summit, Union Minister Dr. Jitendra Singh revealed that India&#8217;s bioeconomy is on track to reach $1 trillion by 2047, securing a spot&#8230;]]></description>
										<content:encoded><![CDATA[<p>In a bold declaration at IIT Roorkee&#8217;s international summit, Union Minister Dr. Jitendra Singh revealed that India&#8217;s bioeconomy is on track to reach $1 trillion by 2047, securing a spot in the global top three. This projection underscores the transformative potential of biology-led economic models in shaping India&#8217;s dominance this century.</p>
<p>The minister emphasized how strategic policy changes and institutional strength are fueling an innovation boom, enabling India to master technologies spanning genetic engineering to quantum computing, and deep-sea exploration to cosmic ventures. &#8216;The 21st century will be India&#8217;s, driven by bioeconomies,&#8217; he asserted.</p>
<p>Key highlights included the National Quantum Mission&#8217;s early successes and India&#8217;s leadership in pivotal tech sectors worldwide. From $10 billion in 2014, the sector has surged past $165 billion, with 18% yearly growth aiming for $300 billion by 2030. Biotechnology startups have multiplied dramatically from 50 to over 11,000.</p>
<p>Backing this momentum are powerhouse funds: the ₹50,000 crore ANRF and ₹1 lakh crore RDI corpus, tailored for sustained investment in cutting-edge research. Dr. Singh detailed triumphs like Genome India advancements, India&#8217;s own CAR-T therapy, mRNA vaccine tech, and the nation&#8217;s inaugural indigenous antibiotic.</p>
<p>These developments herald an era of self-reliance and innovation, positioning India not just as a player, but as a leader in the bio-revolution, promising economic vitality and technological sovereignty for generations.</p>
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