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The Indian government’s increased focus on the country’s biotechnology industry has enabled it to grow at a compounded annual growth rate (CAGR) of approximately 20 per cent over the past decade. The biotechnology sector in India has reached an estimated size of Rs 20,441 crore (US$ 3.8 billion) in value over FY125, and is forecasted to reach Rs 55,300 crore (US$ 10.4 billion) by 20156. However, given the availability of skilled manpower, improved infrastructure, and the presence of strong regional markets, analysts project that attaining an ambitious growth rate of approximately 30 per cent, taking the industry to a value of Rs 5,50,000 crore (US$ 103.7 billion) by 2025, is a possibility5.