The Indian biotechnology industry is on the verge of entering a new era, where it can provide significant economic growth and development to the people of India and around the world. Currently, biopharmaceutical sector accounts for the largest share of the biotech industry at 62% in total revenues, followed by bio-services (18%), bio-agriculture (15%), bio-industrial (4%) and bioinformatics and Systems Biology (1%).
On the other hand, molecular biology of human genetic disorders, brain research, plant genome research, development, validation and commercialization of diagnostic kits and vaccines for communicable diseases, food biotechnology, biodiversity conservation and bio prospecting, setting up of micro propagation parks and biotechnology based development for SC/ST, rural areas, women and for different States.
Bio-technology in india: Facts
|
Issues and Challenges
Indian Biotech sector has grown about 20% CAGR in the period from 2005 to 2015. If the industry has to reach its ambitious target of USD 100 billion by 2025, it needs to embark on a higher growth of 30% CAGR during the next ten years.
Challenges that need to be addressed in pursuit of this growth rate include:
Biotechnology Park Incubators
|
Policies on Bio-technology
Major initiatives of the National Biotechnology Development Strategy 2015-2020:
Biotechnology is one of the focus sectors in the “Make in India Initiative”. The strategic objectives of the initiative for Biotechnology are
SAHAJ
|
Institutions
Other Biotech Institutions in India |
|
Name of Institution |
Area of Research |
Indian Institute of Integrative Medicine, Jammu |
|
International Centre for Genetic Engineering, New Delhi |
|
Adyar Cancer Institute, Chennai |
|
Center for DNA Fingerprinting and Diagnostics, Hyderabad |
|
Institute of Life Science |
|
Center for Cellular and Molecular Biology, Hyderabad |
|
Center for Bio separation technology. Vellore |
|
Central Institute of Medicinal and aromatic Plants, Lucknow |
|
Central Drug Research Institute, Lucknow |
|
Indian Institute of Toxicology Research, Lucknow |
|
Institute of Genomics and Integrative Biology, New Delhi |
|
National Institute for Research in Reproductive Health, Mumbai |
|
National Institute of Nutrition, Hyderabad |
|
National Center for Biological Science, Bengaluru |
|