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Biotech |
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| India’s Biotech Industry Reaches $2 Billion
Mark |
2nd July 2007 |
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- Industry revenue in 2006-07 reached $2 billion, up from $1
billion in 2004-05 and $1.5 billion in 2005-06
- Average year-on-year growth continues in the range of 30%-35%,
double of the global growth rate.
- Biotech exports grew by 47% to reach $1.2 billion in 2006-07.
- Biotech sector received investments worth $490 million in
2006-07, compared with $360 million in 2005-06.
- India has about 340 biotech firms.
- Estimates suggest by 2010, about 400 firms will earn revenues of
about $5 billion.
- Indian government has set the target of annual sales of $40
billion by 2015.
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| Indian Biotechnology Sector: A $5 billion
industry in 4 years |
18th May 2007 |
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- The Indian biotechnology sector to grow more than three times to
touch $5 billion by 2009-10 from $1.5 billion in 2005-06.
- Indian biotech sector is growing at about 35% year-on-year.
- Biopharmaceuticals, the largest segment of Biotech sector, grew
32% year-on-year in 2005-06 to surpass the $1 billion mark.
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India’s biotech industry surges 37% |
July 17, 2006 |
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India’s bio-tech sector is growing at 37.42% and
inched closer to $1.5 billion in revenue during 2005-06. The
bio-pharma segment still dominates this sector with $1 billion
in revenue. The Indian bio-tech sector is likely to generate
more than a million jobs in agriculture, pharmaceutical and
medical segments by 2010. |
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Indian Industry Facts and Trends
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