New study shows Indiana’s agbioscience sector contributes nearly $70B to state’s economy
AgriNovus Indiana-commissioned study benchmarks state’s global competitiveness, defines three priority opportunities for the future INDIANAPOLIS — AgriNovus Indiana, an initiative to grow the agbioscience economy, released new research today that found Indiana’s agbioscience sector contributes $69.6 billion to the state’s economy and identified forces expected to shape its global competitiveness. Conducted by RTI International, the study entitled Accelerate 2050: A Vision for Indiana Agbioscience, identified the state’s relative economic performance across food, animal health, plant science, agtech and production agriculture and defined priority opportunities to position Indiana’s agbioscience economy for differentiated growth amid future uncertainty. “Agbioscience is a critical contributor to economic growth and is connected to every person on the planet given it centers on food,” said Mitch Frazier, president and CEO of AgriNovus Indiana. “This new research not only defines the [...]
