Karnataka's bio-economy reaches USD 31 billion, to triple its bio-economy by 2030: Report

In 2023, Karnataka's bio-economy reached USD 31 billion, growing from USD 28 billion in 2022. The state accounted for 21 per cent of India's bio-economy and attracted significant biotech investments. The new report outlines plans to triple the bio-economy by 2030, driven by startups and contributions from various key regions.