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Essay text:
The world has woken up to the fact that
India is a country that cannot be ignored while plotting the landscape of the
Biotechnology industry of the future. With the change in the patent regime and the
Government undertaking various initiatives, it is expected to touch the $5 billion mark by
2010.
The industry has close to 200 biotechnology companies. These are a mixture of Indian &
multinational companies, their subsidiaries and Joint Ventures.
Figure 1 lists the top 10 biotech companies in India as per their revenues for 2005-06
Figure 1: Top 10 biotech companies in India, 2005-06
Companies
Serum Institute of India
Revenues ($ million)
158...
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