Indian Biotechnology Industry Analysis

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

Posters

MORE
CATALYSING GROWTH

CATALYSING GROWTH

The Indian biotechnology industry amounted to US$ 63 billion in 2019 and is forecast to reach US$ 150 billion by 2025.

IBEF Campaigns

MORE
India Organic Biofach 2022

India Organic Biofach 2022

Ibef Organic Indian Pavilion BIOFACH2022 July 26th-29th, 2022 | Nurember...

10th India Trend Fair 2022

10th India Trend Fair 2022

The Tenth Edition of the India Trend Fair, Tokyo, Japan is being organised ...

Case Studies

MORE

SERVICE EXPORTS Moving Up The Value Chain

SERVICE EXPORTS Moving Up The Value Chain

India’s services industry is vast and the country has significant global standing in terms of services produced and exported. The sector contrib...

The Rise of India's Defence Exports

The Rise of India's Defence Exports

The Indian armed forces are one of the most powerful forces in the world comprising three divisions: the Indian Army, Indian Navy and Indian Air Force...

Promoting Indian Textile And Apparel Exports

Promoting Indian Textile And Apparel Exports

The global textile market is estimated to reach US$ 1,412.5 billion by 2028 and would expand at a CAGR of 4.4% from 2021 to 2028. Rapidly changing tre...

IBEF BLOG

MORE
India’s Rising Infrastructure Development
28 Sep 2022

India’s Rising Infrastructure Development

India’s Rising Infrastructure Development The key to India's tra...

The Tea Industry in India
23 Sep 2022

The Tea Industry in India

Overview of the Indian Tea Industry The Indian tea industry dates back to ...

India's Smartphone Exports
23 Sep 2022

India's Smartphone Exports

Introduction Electronics is one of the fastest developing industries glob...

Partners
Loading...