| Biotechnology sector of India is not a new one. It | | | | diagnostics. Notably, whenever any Indian |
| has been nourished since its inception by national | | | | biopharma company releases its products in |
| government. Nevertheless, this industry is still in | | | | market, MNCs reduce prices for these products |
| the infant stage. Currently, India is investing in | | | | to vie. The bioindustrial segment consists of |
| academics and existing industry's infrastructure | | | | organic amino acids, enzymes, yeast and |
| considerably to expedite the overall growth of | | | | yeast-based products and account for over 10% |
| sector. | | | | of the total market share. These products, |
| Biopharma sector enjoys the major share of the | | | | actually, were first off the mark from the biotech |
| total biotech market. It comprises of therapeutics, | | | | industry of India. |
| vaccines, animal health care products and | | | | |