Indian Bio-technology Industry










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Biotechnology Industry INDIAN BIOTECH INDUSTRY AT A GLANCE IN 2017 - 2018 Biotechnology Industry


Overview

Bio-pharma, comprising vaccines, therapeutics and diagnostics, is the largest sub-sector contributing nearly 62 per cent of the total revenues at Rs 12,600 crore (US$ 1.89 billion). The biotechnology industry in India, comprising about 800 companies, is expected to be valued at US$ 11.6 billion in 2017. Indian biotechnology industry reached USD 11.6 bn by FY17 while growing at a CAGR of 20.3% during FY05-17. It witnessed the y.o.y. the growth of 57.1% in FY17 compared to the previous financial year.


Indian Biotechnology Industry in 2017-2018

International Standing

India is ranked 12th in the world in Biotech and third in Asia-Pacific. India has the second-highest number of US Food and Drug Administration (USFDA)–approved plants, after the USA. The Indian biotech industry holds about 2 per cent share of the global biotech industry. The high demand for different biotech products has also opened up scope for the foreign companies to set up base in India. The biotechnology industry in India comprises of about 800 companies and stands amongst the top 12 biotech destinations in the world.

Industry Forecast

India's Biotechnology industry comprising Bio-pharmaceuticals, Bio-services, Bio-agriculture, and Bioinformatics is expected grow at an average growth rate of around 30 per cent a year and reach US$ 100 billion by 2025.

Biotechnology Industry   INDIAN Biotech INDUSTRY AT A Glance IN 2016 - 2017

Biotechnology Industry   INDIAN Biotech INDUSTRY AT A Glance IN 2015 - 2016

Biotechnology Industry   INDIAN Biotech INDUSTRY AT A Glance IN 2014 - 2015

Biotechnology Industry   INDIAN Biotech INDUSTRY AT A Glance IN 2013 - 2014

Biotechnology Industry   INDIAN Biotech INDUSTRY AT A Glance IN 2012 - 2013

Biotechnology Industry   INDIAN Biotech INDUSTRY AT A Glance IN 2011 - 2012

Biotechnology Industry   Biotechnology Industry Research Assistance Council (BIRAC)

Biotechnology Industry   All India Biotech Association (AIBA)

Indian Industry  back to biotechnology INDUSTRY