Indian Biomanufacturing Alliance: Boosting National Capabilities

Several Indian contract research, development and manufacturing organizations are forming a trade group to bolster the national biomanufacturing sector9.

India aims to become a global biomanufacturing hub by 2025, with the biotechnology sector projected to reach $150 billion2 5.

The Indian government has approved the BioE3 Policy (Biotechnology for Economy, Environment and Employment) to foster high-performance biomanufacturing2.

The Department of Biotechnology (DBT) has launched an initiative focusing on six thematic verticals, including bio-based chemicals, functional food, precision biotherapeutics, and biofuels2.

India's biotech industry was valued at $151.1 billion in 2023 and is projected to reach $300 billion by 20308.

The country has over 600 biotech companies and 8,500 biotech startups, with the number expected to reach 10,000 by 2024-255 8.

India ranks among the top 12 biotech destinations globally and 3rd in Asia Pacific, holding a 3% share of the global biotechnology industry8.

The government is promoting a circular bioeconomy through initiatives like the "Lifestyle for the Environment (LiFE)" campaign8.

International collaborations are strengthening India's biomanufacturing capabilities, including partnerships with companies like Miltenyi Biotec for cell and gene therapy development4 7.

The focus on biomanufacturing aligns with India's goals of becoming a $5 trillion economy and achieving "Net Zero" carbon emissions8.