Trade Analytics
Biotechnology
India is ranked 12th in the world in biotech and third in Asia-Pacific.

Growth of Biotechnology Industry in India - Infographic

Latest update: October, 2015

BioInformatics To Grow Considerably

•India was the first country in the world to establish a Biotechnology Information System (BTIS) network in 1987. This facilitated development of bioinformatics that has provided support to the biotechnology sector 

•Bioinformatics research is poised to become one of the fastest emerging markets in India 

•Bioinformatics is estimated to rise at a CAGR of 34.92 per cent to US$ 2.7 billion during FY12–25 

Domestic market share of Indian auto component industry

12th Five year plan fund allocation

•The overall strategy of 12th Five-Year Plan is to aaccelerate the pace of research, innovation and development.

•The government plans to strengthen regulatory science and infrastructure, which involves setting up the Biotechnology Regulatory Authority of India (BRAI) and a central agency for regulatory testing and certification of laboratories

•The plan also entails expanding and commissioning new bioclusters at Faridabad, Mohali, Kalyani and Hyderabad

Auto components sector contribution to GDP

 

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Brand India Pharma

BIOTECH COMPANIES IN INDIA

The Indian biotechnology sector is expected to clock US$ 10 billion in revenue by 2015 on the back of emerging opportunities from around the world.

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Brand India Pharma

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