India, March 18 -- India's emergence as a global healthtech and biotech innovation hub in the last decade, has changed the landscape of the world healthcare sector and the overall bioeconomy, by establishing centres of growth away from the historically prominent hubs in the Global North, for the first time. The development is transformative and has sweeping implications for how biotech especially healthcare advancements can create solutions for societal progress across countries.

In India itself, it is predicted that by 2047, biotech, healthtech, agriculture, and environment sectors will reshape our society and the boundaries of socio-economic development. Advanced and accessible diagnostics, personalized treatments, and affordable thera...