Biotech

Market Size

  • The Indian biotechnology sector is one of the fastest growing knowledge-based sectors in India
  • The industry grew threefold in just five years to report revenues of US$3 billion in 2009-10, a rise of 17% over the previous year
  • India is looking forward to achieve US$5 billion in revenue this fiscal year (2011)
  • Bio-pharma and bioservices sectors contributed 63% and 33% respectively, to the total biotech exports