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How is FDI a Catalyst for Growth in the Indian Biotech Sector?

How is FDI a Catalyst for Growth in the Indian Biotech Sector?

The biotechnology sector of India is a lot inventive and is on a strong trajectory for growth. India is considered among the top 12 destinations regarding biotechnology in the world and takes pride in being the 3rd largest destination for biotech in the Asia-Pacific region. FDI in the Biotechnology Sector in India is permitted 100% under the automatic route for greenfield pharma.   The country has the 2nd highest number of plants that are approved by the US Food and Drug…

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