South leads in bioeconomy boom with 45.4% share in 2024

March 24, 2025

, By The Economic Times

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South India accounted for the largest share of India’s bioeconomy, accounting for $75.2 billion (45.4%) in 2024, followed by the western region at $50.02 billion (30.3%), according to an industry report. Maharashtra, Karnataka and Telangana emerged as the key biotech hubs, collectively accounting for 38.8% of the national total.

“This concentration suggests that these states have favourable conditions for biotech innovation, such as robust infrastructure, access to funding and a skilled talent pool,” said the India Bioeconomy report published by…

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South leads in bioeconomy boom with 45.4% share in 2024

March 24, 2025

, Published By The Economic Times

South India accounted for the largest share of India’s bioeconomy, accounting for $75.2 billion (45.4%) in 2024, followed by the western region at $50.02 billion (30.3%), according to an industry report. Maharashtra, Karnataka and Telangana emerged as the key biotech hubs, collectively accounting for 38.8% of the national total.

“This concentration suggests that these states have favourable conditions for biotech innovation, such as robust infrastructure, access to funding and a skilled talent pool,” said the India Bioeconomy report published by…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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