The biotechnology industry in India has 2700 biotech startups and 2500 biotech companies. The industry amounted to US$ 63 billion in 2019 and it is predicted that it will reach US$ 102 billion by 2025 growing at a CAGR of 10.9 percent. The contribution of the Indian biotechnology industry to the global biotechnology market is expected to rise to 19 percent by 2025 from 3 percent in 2017. The current demand for Biotech products has been surging at a very high rate owing to factors such as better efficiency of these products as well as growth in other medical sectors. The current growth levels of the Biotech industry in India are determined by various factors. One of these includes increased investment of the biotech companies in Research and Development which is evident by the fact that vaccine manufacturing companies developed the Covid-19 vaccine in such short time duration. In order to boost the production of biotech companies state governments have set up policies related to biotechnology and they also provide financial support and other incentives.
Murali Ramachandra
Chief Executive Officer, Aurigene Discovery Technologies
A biotech company committed to bringing novel therapeutics for the treatment of cancer and inflammation
Siddharth Mittal
CEO and Managing Director, Biocon
A biotech company with an R&D team focusing on prevention, alleviation and treatment
Ankur Vaid
Joint Managing Director & CEO, Concord Biotech, Concord Biotech
Development & Commercialisation of niche complex fermentation & semi-synthetic Biopharmaceutical products
Arjun Surya
Co-Founder & CEO, Curadev
Molecule drug discovery biotech with research programs that have yielded patent protected drugs
Dr. Savita Sekhri
Founder, Dhiti Life Sciences
Developers of large range of diagnostic grade recombinant antigens and monoclonal antibodies
Dr. Cyrus S. Poonawalla
Chairman and Managing Director, Serum Institute of India
Manufacturing life saving biologicals like vaccines using genetic and cell based technologies, antisera and other medical specialties.
Dr. Saudagar
Co-Founder and Director, SK Biobiz
SKBPL is focused on screening and fermentative production of spore forming bacteria, fungi, metabolites and their enzymes used in Agriculture, Animal feed, Aquaculture and Waste water treatment.
Dr. Milind Choudhari
Founder and CEO, WeInnovate Biosolutions
Develops the antimicrobial solutions which reduces incidences of hospital acquired infections
Dr. Habil Khorakiwala
Founder Chairman, Wock hardt
Manufacturer of pharmaceuticals and biopharmaceutical formulations as well as Active Pharmaceutical Ingredients (API)
Anurag Tulsyan
Managing Director, Zelle Biotechnology
Focuses on Host Cell Proteins, Host Cell DNA, DNA Extraction & Bioprocess Contaminants Detection kits etc