Biotechnology

Summary
  • India is among the top 12 biotech destinations in the world and ranks third in the Asia Pacific
  • Second highestnumber of USFDA approved plants
  • USD 3.7 Billion to be spent on biotechnology from 2012-17
  • No.1 producer of Hepatitis B vaccine recombinant
  • USD 100 Billion industry by 2025
  • Large consumer base with increasing disposable income



Agencies

  • Department of Biotechnology, Ministry of Science & Technology, Government of India
  • Department of Science and Technology, Ministry of Science and Technology,Government of India
  • Biotechnology Industry Research Assistance Council
  • Council of Scientific and Industrial Research
  • Association of Biotechnology Led Enterprises
  • Confederation of Indian Industry
  • Federation of Indian Chambers of Commerce and Industry

The biotechnology regulatory authority of India bill, 2013