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India is the third largest biotech destination in the Asia-pacific region 

BIOTECHNOLOGY

The biotechnology sector in the country has played a significant role in enhancing India’s global profile. India stands among the top 12 biotech destinations in the world and ranks third in the Asia Pacific. The country has the second-highest number of US Food and Drug Administration (USFDA)–approved plants, after the USA and is the largest producer of recombinant Hepatitis B vaccine.

Indian biotechnology industry is estimated to reach USD 11.6 billion by FY17 while growing at a CAGR of 20.3% during FY05-17. It witnessed the y.o.y. the growth of 57.1% in FY16 compared to FY15.

Industry Scenario

India's Serum Institute is the largest Bio-Pharma company in the country and accounts for approximately 22% of the biopharma market.

30 bio-incubators and biotech parks have been supported and established from April 2014-September 2016.

Highlights

  • 1
    World's largest producer of recombinant Hepatitis B vaccine
  • 2
    World's largest producer of BT Cotton
  • 3
    World's second highest number of USFDA approved plants

HIGHLIGHTS

RECENT INVESTMENTS

1. July 2016 - Helix investment Holdings Pte Ltd., Singapore invested USD 12 mn in Concord Biotech Ltd

2. August 2015 - Tano India Pvt., Mauritius invested USD 7.4 mn in Windlas Biotech Ltd.

FDI Facts

100 % FDI allowed in greenfield projects

74% FDI allowed in brownfield projects

100% FDI allowed in the manufacturing of medical devices