BIOTECHNOLOGY IN INDIA - An Exclusive Market Insight Report Update

The early major biotech organizations in India were Biocon, Panacea Biotech, Bharath Biotech, Bangalore Genei (which exploited recombinant DNA technology but not for human use) and the Serum Institute of India.

Hyderabad, India (prHWY.com) May 8, 2012 - April 18, 2012 - RI Technologies' (http://www.researchimpact.com/) market insight report on Biotechnology in India covers products, technologies and services used in the Indian Biotechnology Industry. The report studies the Bio Agriculture and Bio Industry market in detail. Market estimations and predictions are illustrated by sector and by technology. The Bio Agriculture sector is segmented into Bio Pesticides and Bio Fertilizers; and the Bio Industry sector is segmented into Fermentation Products, Bio Fuels and Bio Polymers. Major Biopharmaceutical, Bio Fuels, Bioinformatics companies and Contract Research Organizations serving the industry are also covered in the report. Information related to recent product releases, product developments, partnerships, collaborations, and mergers and acquisitions is covered in the report. An Indian perspective is presented along 40 exclusive graphically represented exhibits. Business profiles of 100 major companies are discussed in the report. The report serves as a guide to Indian Biotechnology industry, as it covers more than 300 companies that are engaged in biotechnology R&D, discovery, testing and supply of products and services.

In India, the requirement for maintaining a separate department for the development and intensification of biology and biotechnology research was felt in the early 1980s. The government established a special institutional agenda for the development of biology and biotechnology in the country. Some of the governmental research organizations such as University Grants Commission (UGC), Council of Scientific & Industrial Research (CSIR), Indian Council of Agricultural Research (ICAR), Indian Council of Medical Research (ICMR), Department of Science & Technology offer great support in the development of modern biology and biotechnology in India. The early major biotech organizations in India were Biocon, Panacea Biotech, Bharath Biotech, Bangalore Genei (which exploited recombinant DNA technology but not for human use) and the Serum Institute of India. Lot of research work carried out by the government organizations at that time was very useful for private and budding biotech companies. CCMB (Centre for cellular and molecular biology) located in Hyderabad played a major role in developing the hepatitis B vaccine for Shantha Biotech.

Biotechnology has great promise in India. Demand and availability of bio fertilizers is expected to increase as they are inexpensive, and are formed from renewable energy resources i.e. cultivable life forms compared to chemical fertilizers that are known to harm the environment and exhaust non-renewable energy sources. Biofertilizer production does not result in any toxic substances released into environment. Hence they are safe for both crops and the farmer, whereas production of chemical fertilizers causes environmental pollution. Unlike chemical fertilizers which lose their nutrient value with one crop, Biofertilizers are more long lasting as they improve the yields of subsequent crops as well, reducing the cost of agricultural produce. India's energy needs will be met in the future through the use of biofuels reducing the dependence on the imported oil. By use of biofuels there is a reduction in emission of harmful pollutants i.e. reduction in green house emissions, thus leading to the growth of the Biofuel industry. Bio polymers though now account for a small share in the market, are expected to show an upward swing in their growth as they are found to have applications in many areas such as, food industry, medicine and material Science. India's energy needs will be met through the use of biofuels in the near future.

About RI Technologies

RI Technologies is a premier source of market research on the Biotechnology & Healthcare sector with exclusive focus on product segments, global and regional market analysis, technology trends, industry outlook, competitor profiles, corporate directory and patents information. The company believes in pure research that will trigger action for immediate customer needs rather than plain reporting of data. The dedicated team works 24/7 to deliver unique reports that are of immense value to investment banks, companies, management consultants, trade associations, corporate executives, business analysts, libraries, universities, and business schools. The company's reports provide strategic information tools to the manufacturers, retailers, distributors, and suppliers that will help them to probe into and support critical business decisions. RI Technologies believes in broadening the value of market research obtained through several dedicated streams of information. The strategic market information tables, graphically represented, will aid companies' research needs and help in forecasting, and gearing up to the future. Emphasis is on factual insights and forecasts with maximum global coverage. The company strives to provide market insight reports that empower customers with enlightening critical business information.

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Tag Words: biotechnology in india

Categories: Research

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