Biotechnology Sector in India – Scope, Challenges & Government Initiatives

India’s biotechnology sector has evolved steadily and significantly in the last two decades, growing at a Compounded Annual Growth Rate (CAGR) of 20%. The government is currently aspiring to reach the target of USD 100 billion by 2025. Indeed, India has always been a high-performer when it comes to this sector. Yet, there still exist several lacunae that need to be addressed for both achieving the target and also ensuring further development...

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