Bioeconomy in India is growing: the sector expanding to $165.7 billion in 2024 from just $10 billion in 2014

According to the India Tribune, “over the past decade, India has emerged as one of the fastest-growing bioeconomies in the world, with the sector expanding to $165.7 billion in 2024 from just $10 billion in 2014”. With an ambitious target of $300 billion by 2030, the bioeconomy is steadily becoming a cornerstone of India’s sustainable growth and innovation, driven by advancements in biotechnology, agricultural innovation, biomanufacturing, and healthcare. Indeed in the concept of bioeconomy in India the biopharmaceuticals is also included.

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An interview with Massimo Portincaso, CEO Arsenal Bioyards

“Europe has exceptional science but struggles with translation. The reasons are structural. First, the financial models commonly used– especially venture capital – are misaligned with the capital intensity and timelines of deep industrial innovation.”. To say it – in this interview with Il Bioeconomista – is Massimo Portincaso, CEO Arsenale Bioyards, the Italy-headquartered company with a proprietary end-to-end platform that makes biomanufacturing via precision fermentation economically viable
at industrial scale – for the very first time.

Interview by Mario Bonaccorso

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An exclusive interview with Gregory Jaffe (former USDA). “The Trump Administration will need to ensure the US has an enabling environment that supports the bioeconomy”

Gregory Jaffe was Senior Advisor for Regulatory Affairs in the Office of the Secretary at USDA during the Biden Administration. He is now Founder and President of a policy consulting firm based in Washington DC, specializing in agriculture, food, environmental, and climate policy, both domestic and international.

In this exclusive interview with Il Bioeconomista, he talks about the prospects for the bioeconomy in the United States under the new Trump Administration and the relations between the United States and the European Union in this new era of tariffs.

“The Trump Administration – Jaffe says – will need to ensure the United States has an enabling environment that supports biotechnology, biomanufacturing, and the bioeconomy”.

Interview by Mario Bonaccorso

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Bioeconomy on the rise: Momentum building amid global challenges

European Parliament, Brussels

We are navigating turbulent times, yet the bioeconomy continues to gain momentum, demonstrating its resilience and relevance across the globe. In just the past month, we have seen remarkable developments from various regions – each reinforcing the growing recognition of bio-based solutions as a pathway to sustainability and economic transformation. Here are some of the latest developments shaping the future of the bioeconomy.

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An interview with Dirk Carrez, Executive Director of BIC (Biobased Industries Consortium).

“Currently, there are policy frameworks for food, feed and bioenergy, but not for bio-based chemicals and derived materials. This gap puts the bio-based chemicals and derived materials sector at a disadvantage, and has also an impact on investments in Europe.”. Dirk Carrez, executive director of BIC (Biobased Industries Consortium) talks to Il Bioeconomista.

Interview by Mario Bonaccorso

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