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Vaccine Manufacturing News - Latest Updates & Headlines

India's bioeconomy leaps from just $10 bn to $165.7 bn in 10 years

New Delhi, Sep 5: 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.

Singapore President visits vaccine facility in Bhubaneswar

Bhubaneswar, January 19: Singapore President Tharman Shanmugaratnam visited the state-of-the-art Sapigen Biologix vaccine facility in Bhubaneswar, Odisha, which has been established with an investment of Rs 1,500 crore. The plant is expected to have the capacity to produce eight billion doses of vaccines per annum.