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Biotechnology: How India Plays a Pivotal Role in the Global Ecosystem

Biotechnology: How India Plays a Pivotal Role in the Global Ecosystem

India is gradually emerging as a key contributor in the worldwide biotech environment. FDI in biotechnology in India puts the country among the top 12 favorable destinations for foreign direct investment (FDI) globally and makes it the third-largest in the Asia-Pacific region. It is fast becoming the foremost hub for contract research, clinical trials, and biotech manufacturing. It will be a crucial contributor to India’s goal of becoming a $5 trillion economy by 2024. Biotech industry classification The Indian biotech…

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