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The Indian Biotechnology Sector : Investments, Growth and Prospects

분류 정책동향 > 종합
출처 IBEF 조회 5143
자료발간일 2013-01-11 등록일 2013-02-20
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The Indian Biotechnology Sector : Investments, Growth and Prospects

 

 

1. KEY DEVELOPMENTS AND CURRENT STATE OF THE INDIAN


BIOTECHNOLOGY SECTOR


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.


This exceptional growth has been facilitated by the robust performance of all the sub-sectors of the Indian biotechnology industry, namely, bio-pharmaceuticals, bio-services, agri-biotech, bio-industrial, and bio-informatics. As shown in Figure 1, bio-pharmaceuticals is the largest sub-sector of the industry, whereas agribiotech is the fastest growing. Out of the top 10 biotech companies in India (by revenue), six specialise in bio-pharmaceuticals and four specialise in agribiotech5.

 

 

 

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