Wednesday, December 17, 2025 | 05:33 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Must target biotech sovereignty by 2047: Biocon's Kiran Mazumdar-Shaw

Kiran Mazumdar-Shaw urges India to achieve 'biotech sovereignty' by 2047, driven by a $330 bn bioeconomy, BioE3 framework, scale exports, a sovereign AI stack, and crucial R&D investment

biotech, research, drug making, science, experiment
premium

To build biotech sovereignty, India must establish a strong “triple helix” linking government, industry and academia. | Image: Bloomberg

Aneeka Chatterjee Bengaluru

Listen to This Article

India must strive for ‘biotech sovereignty’ by 2047, a goal that would empower the nation to “ideate, design, engineer, manufacture and regulate its own breakthroughs at global standards,” asserted Biocon executive chairperson Kiran Mazumdar-Shaw at the Bengaluru Tech Summit on Tuesday.
 
Speaking on the road map for Indian biotechnology, Mazumdar-Shaw highlighted the rapid growth of India’s bioeconomy, which swelled from a mere $10 billion in 2014 to $165 billion in 2024, and is projected to hit $330 billion by 2030. To sustain this trajectory and unlock its full potential, she stated, “We need a quantum leap.”
 
The path forward hinges