Growth of Biotechnology Industry in India - Infographic

India is amongst the top 12 preferred biotech destinations in the world and third largest biotechnology destination in the Asia Pacific region.

Advantage India

Skilled human
capital

*With a total population of 1.3 billion, 50% being under the age of 25, India has a large pool of young and skilled workforce.

*India has a large reservoir of scientific human resources including scientists and engineers.

Skilled Human Capital

Government
Support

*9 DBT-supported biotech parks and 60 BIRAC-supported bio-incubators.

*In the Union Budget 2022-23, the DBT was allotted US$ 343.56 million for developing basic infrastructure, genetic engineering, bioinformatics, agriculture biotechnology, and training people.

Infrastructure Facilities

FDI
Policy

*100% under automatic route for greenfield projects for pharmaceuticals.

*While 74% is permitted under automatic route for brownfield projects, 100% under government route is permitted for brownfield investments.

*100% under automatic route is allowed for the manufacturing of medical devices.

Policy Support

Epidemiological
factors

*Patient pool expected to increase over 20% in the next 10 years, mainly due to rise in population.

*New diseases & lifestyle changes to boost demand for drugs and devices.

Epidemiological Factors
Last updated: Sep, 2022

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