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% |
Biotechnology market in India
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