Indian Bio-technology Industry










HEADLINES:  

Biotechnology Industry INDIAN BIOTECH INDUSTRY AT A GLANCE IN 2021 - 2022 Biotechnology Industry


India is among the top 12 destinations for biotechnology across the globe. The Indian Biotechnology industry comprises around 5000 biotech companies, with 4,240 being start-ups and 760 being core biotech companies, with the number of start-ups expected to touch 10,000 by 2024.

Indian Biotechnology Industry in 2021-2022

India has 665 FDA-approved plants in the US; 44% of the global abbreviated new drug applications (ANDA) and more than 1400 manufacturing plants, which are compliant with WHO’s requirements.

As of 2021, India’s biotech industry clocks in about US$ 12 billion in annual revenue. India is the world’s third-largest producer of recombinant Hepatitis B vaccine and second-largest producer of BT cotton . In the Indian biotechnology market, biopharmaceuticals is the largest segment, accounting for 62% share.

Industry Forecast

The Indian biotechnology industry, which stood at US$ 63 billion in 2019, is expected to reach US$ 150 billion by 2025, with a CAGR of 16.4%. By 2025, the contribution of the Indian biotechnology industry to the global biotechnology market is expected to grow to 19%. The Indian biologics market is forecasted to reach US$ 12 billion by 2025, at a CAGR of 22%.

Biotechnology Industry   INDIAN Biotech INDUSTRY AT A Glance IN 2020 - 2021

Biotechnology Industry   INDIAN Biotech INDUSTRY AT A Glance IN 2019 - 2020

Biotechnology Industry   INDIAN Biotech INDUSTRY AT A Glance IN 2018 - 2019

Biotechnology Industry   INDIAN Biotech INDUSTRY AT A Glance IN 2017 - 2018

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   Biotechnology Industry Research Assistance Council (BIRAC)

Biotechnology Industry   All India Biotech Association (AIBA)

Indian Industry  back to biotechnology INDUSTRY