Bioeconomy in India
India is a pioneer in the production of biopharmaceuticals, but has also been developing its bioeconomy since the revision of its "National Biotechnology Development Strategy". A growing economy and rising population lead, among other things, to a steady increase in energy demand. This is also to be increasingly covered by biofuels.
It is estimated that the country's energy needs will be fivefold within the next 25 years. By 2025, the government plans for biodiesel to cover 20% of the energy sector’s demand. It is to be obtained mainly from agricultural and forestry waste products. In its "National Biodiesel Mission", the country also identified the jatropha plant as a beacon of hope. However, the expectations that were given to this plant as a supplier of biodiesel have not yet been met. In addition to biofuels, there are many opportunities for innovation in the food sector.