Strategies for Reaching a $300 Billion Indian Bioeconomy by 2030
Document Details
| AUTHOR | Shambhavi Naik |
| DATE | March 19, 2024 |
| DOCUMENT | Takshashila SlideDoc No.2024-01. |
| CATEGORIES | Advanced Biology Abhed Manocha Roshan Valiathan Dhritiman Borkakoti |
Executive Summary
India’s bioeconomy has been increasing its share of the national GDP. COVID-19 provided a fillip to this share. However, COVID-19 was a black swan event, and its waning influence is reflected in the reduced bioeconomy growth rate. India’s future trajectory should account for the COVID-19 aberration and provide roadmaps that recommend substitutes. This report recommends 15 steps to fulfil India’s aim of achieving a $300 billion bioeconomy by 2030.