|Size of the INDUSTRY||Today in India there are more than 350 Biotechnology companies in India providing employment for over 20,000 scientists.|
|Geographical distribution||Most of the companies are located in the major cities of Delhi, Mumbai, Pune, Chennai, Bangalore, Hyderabad and Ahmadabad|
|Output per annum||The Indian Biotechnology revenue is around Rs. 2960 crore|
|Percentage in world market||India in 2003 was ranked 3rd in the Asia-Pacific region and 11th in the world in the number of biotech enterprises|
|Market Capitalization||In the year 2008-09 Indian Biotechnology Industry's overall turnover was Rs 12,137 crore|
Indian Biotechnology industry is considered as one of the sunrise sectors in India. The industry can be classified into five different segments. Biopharma, Agri-biotech, Bioinformatics, Bio-industrial and Bio services with each concentrating on a particular area,
- Bio pharma deals with the production of vaccines, therapeutics and diagnostics, while the end products of the biotech industry find two different kinds of buyers.
- Agri-biotech comprises of hybrid seeds and transgenic crops, biopesticides and biofertilizers.
- Bio informatics creates and maintains the extensive electronic databases on various biological systems.
- Bioservices market usually deals with clinical trial, contract research and manufacturing activities.
- Bio Industrial industry comprises of enzyme manufacturing and marketing companies and these enzymes are used in detergent, textile, food, leather, paper and pharmaceutical industry.
The Indian biotech sector has set a target of $5 billion in revenues by fiscal 2010-11. The Indian government's Department of Biotechnology conveys that annual sales could touch $25 billion by 2015. India's biotech business is on an upswing and has a formidable global presence. In terms of volume, it is ranked fourth in the world, while in terms of value of output it stands 13th. And it is the vast pool of skilled manpower and low costs that are drawing global biotech giants to partner with Indian companies.
In today's advanced era, when people are exposed to so many physical disorders, Biotechnology plays a vital role in developing medicines, vaccines, energy production, and conservation. To keep pace with the competitive world, India has recently launched a comprehensive programme in biotechnology to make use of the resources available. In the year 1986 the Department of Biotechnology (DBT) was established under the ministry of Science and Technology. It is imperative that India has to keep up with the increasing demand for food from the ever expanding population. Agricultural land is also shrinking. Biotechnology can be used in a wide range of economic activity ranging from environment, animal husbandry, medicinal and aromatic plants, bio fuels, aquaculture and products like silk and leather.
The Indian Biotechnology revenue is around Rs. 2960 crore, contributed by Biopharma (61%), Bioindustries (8%), Bioagri (4%), Bioinformatics (3%), Bioservices (19%) and Biosuppliers (5%). The biotechnology development which is led by the Biopharma sector, showing a growth of 38%, followed by Bioagri (63%) and Bioinformatics (6.7%) and Bioindustries (6.3%). The Indian biotech market is dominated by biopharmaceuticals; 75% of 2004-5 revenues came from biopharmaceuticals, which saw 30% growth.
Today in India there are more than 350 Biotechnology companies in India providing employment for over 20,000 scientists. Most of the companies are located in the major cities of Delhi, Mumbai, Pune, Chennai, Bangalore, Hyderabad and Ahmadabad. The leading companies in India are Biocon, Serum Institute of India(in the biopharma space),MahycoMonsanto, Rasi seeds(in the agri-bio tech field),Strand Genomics, GVK Biosciences (in the bioinformatics arena),Syngene and Quintiles in the (in bio services).
- Serum Institute of India
- Panacea Biotec
- Nicholas Piramal
- Wockhadrt Limited
- Bharat Serum
- Krebs Biochemicals and Industries Limited
- Zydus Cadila
- Indian Immunologicals
Entry level jobs in the field of Biotechnology require a minimum graduation course. Those who have done PG courses can opt for research work starting as a junior researcher. The Career options in the Biotech Industry extend to medical schools, research laboratories, pharmaceutical manufacturing companies, chemical, agriculture and allied industries.
Some of the best jobs exist in Research and Development as biotechnology is still a nascent science with tremendous scope for scientific research. The opportunities in biotechnology research include Scientist, Research Associate, Research Assistant, Bioinformatics Scientist/Engineer, Bioinformatics Analyst, Bioinformatics Programmer, Molecular Modeler, Facility Manager/Supervisor (Animal Sciences), Veterinarian, Lab Assistant, etc.
- India's biotech industry leading players comment says the field is positioned to more than double in size over the next five years as more companies in the subcontinent tap in on the potential for opportunities in clinical trials, manufacturing and more.
- Kiran Mazumdar-Shaw Bicon's Chief predicts that biotechnology will grow to a $5 billion business in the subcontinent by next year and then double to $10 billion by 2015. And she adds that the Biotechnology Industry in India has achieved a "critical mass" that has positioned biotech to achieve exponential growth.
- Indian Biotechnology Industry is highly research and development (R&D) intensive. Globally, about 37.9% of revenue is spent on finding and developing new products. The major Biotech companies today in India are spending considerable amounts on biotech R&D.
- Indian biotechnology sector is expected to become a five billion-dollar which is around Rs 23,400 crore Industry in the year 2010.
- A Report by the consultanting firm KPMG conveys that Indian biotechnology sector has excellent potential and is expected to touch five billion-dollar mark by 2010..
India is ranked among the top 12 Biotech destinations in the world and is the third biggest in Asia-Pacific in terms of the number of biotech companies. Investments in the segment are also growing at the rate of about 38 % for the last three years and have touched 560 million dollars in 2006-07. Biopharma is one of the important segments of the Indian biotechnology sector and it constitutes about 70 % of the domestic biotech industry. Out of total 325 biotechnology companies in India, more than 40 % are in the biopharma sector.