In year 2010-2011 the Indian biotechnology industry revenues touched Rs 15,000 crores, despite the global downturn in 2009 and slow recovery in 2010. The industry has grown consistently in double digits over the last decade with average revenue growth figures greater than 20%. It is estimated to reach a turnover of around Rs 45,000 crores by 2015 which would require it to grow at about 30% year on year. To achieve this target a synergistic support from central and state government is needed both in the short as well as long term.
INDIAN Biotech AT A Glance IN 2012 - 2013
Biotechnology Industry Research Assistance Council (BIRAC)
All India Biotech Association (AIBA)
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