BioSaarthi Mentorship Initiative

Why in news?

Recently, the BioSaarthi Mentorship Initiative for biotech startups was launched by the Ministry of Science and Technology.

  • Meanwhile, it also released the India Bioeconomy Report 2025 (IBER 2025) which provides information on India’s growing bioeconomy.

Relevance:
GS-02 (Government policies and interventions)

About the BioSaarthi Initiative

  • It is a six-month cohort program that offers personalized guidance through structured mentor-mentee engagements for emerging biotech entrepreneurs.
  • The initiative aims to strengthen industry-academia collaboration that ensures growth in the biotech sector.
  • The program is designed to equip biotech startups with skills and knowledge to navigate challenges and scale their innovations.
  • Boosting India’s Bioeconomy: Part of a larger effort to accelerate the growth of India’s bioeconomy and support biotech startups in contributing to the sector.

India’s Bioeconomy from the IBER 2025

  • Bioeconomy Growth: Valued at $165.7 billion in 2024, a significant increase from $10 billion in 2014.
  • Contribution to GDP (Nominal): 4.3% of India’s GDP.
  • Sector-wise Contribution:
    • Bioindustrial (47.2%) – Largest contributor.
    • Followed by BioPharma, BioServices, and BioAgri.
  • Regional Contribution:
    • South Zone (45.4%) – Largest regional contributor.
    • Followed by West, North, and East Zones.
  • State-wise Contribution: Key contributors include Andhra Pradesh, Maharashtra, Karnataka, Gujarat, etc.
  • Biotech Startups: Grew from 50 startups a decade ago to over 10,075 in 2024.

Prelims Question:

With reference to the BioSaarthi Mentorship Initiative, consider the following statements:

  1. It is a six-month cohort program providing structured mentorship to biotech startups.
  2. The initiative exclusively focuses on domestic mentors from India.
  3. It aims to strengthen industry-academia collaboration in the biotech sector.

Which of the statements given above is/are correct?

A) 1 and 2 only

B) 1 and 3 only

C) 2 and 3 only

D) 1, 2, and 3

Answer: B) 1 and 3 only

Explanation:

  1. Statement 1 is correct: The BioSaarthi Initiative offers structured mentorship through a six-month cohort program.
  2. Statement 2 is incorrect: The initiative also includes overseas experts from the Indian diaspora as international mentors.
  3. Statement 3 is correct: It aims to strengthen industry-academia collaboration in the biotech sector.

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