Consumption of Biotech Products in India

Biotech Products Actual Consumption 1999 Future Consumption - Estimate 2005 Future Consumption - Estimate 2010
Human & Animal Healthcare Products 32240 (37.5) 35320 (37.6) 93540 (40.0)
Agricultural Products(incl. seeds) 25670(29.8) 28880 (30.7) 78720 (33.7)
Industrial Products 27090 (31.5) 28500 (30.3) 53590 (22.9)
Other Biotech Products 1040 (1.2) 1300 (01.4) 7940 (3.4)
Total 86040 (100) 94000 (100) 233790 (100)
In million US Dollars 1789 2186 4270

(Figures in brackets indicate contributions in % of the total)

Investment Opportunities in Biotechnology in India

Over the next five years, biotechnology can offer opportunities for fresh investment of Rs. 7 to 8 billion in India. This fresh investment, could result in a turnover of Rs. 9 to 10 billion during the next 5 to 7 years.

Biotechnology growth in India

Biotechnology growth in India is expected in the following segments of the industry:

Agri-biotech 60%
Diagnostic and therapeutics 25%
Vaccines 15%