| BIOTECH: |
| Indian Biotechnology
Sector: A $5 billion industry in 4 years
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May 18, 2006 |
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- The Indian biotechnology sector to grow more than three times to
touch $5 billion by 2009-10 from $1.5 billion in 2005-06.
- Indian biotech sector is growing at about 35% year-on-year.
- Biopharmaceuticals, the largest segment of Biotech sector, grew 32%
year-on-year in 2005-06 to surpass the $1 billion mark.
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India’s biotech industry surges 37%
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July 17, 2006 |
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India’s bio-tech sector is growing at 37.42% and inched closer to $1.5 billion in revenue during 2005-06. The bio-pharma segment still dominates this sector with $1 billion in revenue. The Indian bio-tech sector is likely to generate more than a million jobs in agriculture, pharmaceutical and medical segments by 2010.
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