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IBEF presents an enriched, enhanced ‘India Now’ magazine with more features, analysis and wider coverage. In this special issue of the magazine, the cover feature titled 'Building India’s Bioeconomy’ talks about how India is building on its biotechnology capabilities in cognisance of the sector’s potential and growing contribution to the economy.

Biotechnology is an emerging sector globally, and therefore, promises immense opportunity. Realising that biotechnology as a multidisciplinary industry impacts several other related sectors like agriculture and health, and as a corollary, the country’s overall economic development, India has been leveraging its intellectual capital and is today among the top 12 biotech destinations in the world, the third largest in Asia Pacific in terms of number of companies in the sector and currently holds 2 per cent share of the global biotech industry.