Kerala’s Bioconomy Sector has witnessed a considerable annual growth rate of 12% according to a report of bioeconomics of Kerala 2025, which was prepared by the Association of Biotechnology Enterprises (ABLE).
The Minister of Industry P. Rajeeve released a report on Friday during “Bio Connect 3.0 International Life Science Conclave and Expo”, jointly organized by the Kerala Life Sciences Industries Park and Bio360 Life Sciences Park in the capital.
The value of bioeconomics Kerala, which was $ 6.25 billion in 2022, increased to $ 7.54 billion in 2024 and reached $ 8.24 billion in 2025 and recorded $ 12% of the annual growth rate. The report notes that the share of bioeconomics in the home product Gross State for the domestic (GSDP) in Kerala has increased from 3.96% to 5.1% over the last three years. The biofarma sector is identified as the most important contributor to the bioeconomics of Kerala, which represents 44% of its total value.
The bio-industrial sector is second, which contributes 35% of the total value, with industrial industries such as biofuels, production based on fermentation, sea and alcohol production, increasing its growth. According to a report, a robust institutional framework composed of a consortium for medical technology, Kerala, Gandhi Center for Biotechnology and CSIR-NIIST to grow in this industry. It contributes over 60 research institutions to this ecosystem.
Published – October 10, 2025 09:21
