News
Kerala BioEconomy Report 2025 released at BioConnect 3.0
- by Team ABLE - 10 Oct, 2025
The Government of Kerala officially released the Kerala BioEconomy Report 2025 at BioConnect 3.0 – International Life Sciences Conclave & Expo, marking a major milestone in the state’s life sciences and biotechnology journey. The report was prepared by ABLE – Association of Biotechnology Led Enterprises for Kerala Life Sciences Industries Park (KLIP), a subsidiary of the Kerala State Industrial Development Corporation (KSIDC).
The report positions Kerala as a national leader in sustainable bio-based growth, estimating the state’s bioeconomy at US $7.53 billion (?62,000 crore) — accounting for 4.25% of India’s total bioeconomy — and projecting its expansion to US $11–12 billion (?100,000 crore) by 2030. This growth is being driven by key sectors including Ayurveda, biotechnology, marine bioresources, nutraceuticals and bio-industrial innovation, supported by a rapidly expanding ecosystem of over 300 life science startups, alongside strong research institutions and incubators across the state.
The report was formally released by Shri P. Rajeev, Hon’ble Minister for Law, Industries and Coir, Government of Kerala, in the presence of senior national and international leaders, including Shri A. P. M. Mohammed Hanish, IAS, Principal Secretary (Industries), Government of Kerala; Shri Rajesh Kumar Pathak, Secretary, Technology Development Board, Government of India; Shri Timothy Rowe, CEO, Cambridge Innovation Center (CIC) and Co-founder, LabCentral, Boston; Shri Vishnuraj, IAS, Managing Director, KSIDC; Dr. Praveen K S, CEO, KLIP; Narayanan Suresh, Advisor, ABLE; and Dr. Balasubramanya S, General Manager, ABLE. The launch of the Kerala BioEconomy Report 2025 underscores Kerala’s growing global relevance as a hub for innovation-driven, sustainable and inclusive bio-based economic growth.
The report was prepared by ABLE – Association of Biotechnology Led Enterprises for Kerala Life Sciences Industries Park (KLIP), a subsidiary of the Kerala State Industrial Development Corporation (KSIDC).
