Last mentioned: Mar 20, 2026
Bio-Economy Target
India aims for a $300 billion bio-economy valuation.
14th Foundation Day
Celebration of 15 years of biotech development and ₹4,200 crore funding milestone.
14th Foundation Day
Celebration of 15 years of service with ₹4,200 crore funding milestone achieved.
14th Foundation Day
Announcement of ₹4,200 crore funding milestone and support for 15 lakh innovators.
BIRAC Inception
Established as a Public Sector Enterprise by the Department of Biotechnology.
Ecosystem Expansion
Launch of BIG, BioNEST, and National Biopharma Mission programs.
Ecosystem Expansion
Launch of BIG, BioNEST, and National Biopharma Mission to scale biotech innovation.
BIRAC Founded
Established by the Department of Biotechnology (DBT) as a Public Sector Enterprise.
Infrastructure Expansion
Launch of BioNEST, BIG, and National Biopharma Mission to build the ecosystem.
BIRAC Inception
Established as a Public Sector Enterprise by the Department of Biotechnology (DBT).
The Biotechnology Industry Research Assistance Council (BIRAC) has reached a historic milestone, facilitating over ₹4,200 crore in funding to more than 1.5 million startups and entrepreneurs. Celebrating its 14th Foundation Day, the agency has established a massive infrastructure of 100 bio-incubators to cement India's position as a global deep-tech hub.
The Biotechnology Industry Research Assistance Council (BIRAC) celebrated its 14th Foundation Day, announcing it has facilitated over ₹4,200 crore in funding to 15 lakh innovators and startups. This massive public investment has established 100 bio-incubators and over 1 million square feet of specialized space, positioning India as a global leader in biotech innovation.
The Biotechnology Industry Research Assistance Council (BIRAC) celebrated its 14th Foundation Day, announcing ₹4,200 crore in total funding enabled for over 15 lakh startups and entrepreneurs. This massive deployment of capital and infrastructure marks a pivotal moment in India's journey toward a $300 billion bio-economy by 2030.