Global Biotech Industry converging at Bangalore INDIA BIO:
The Indian Biotechnology sector is one of the major Knowledge based sectors in India and is contributing significantly to shaping India' s rapidly growing economy. The Government with its visionary policies is facilitating investments in Biotechnology as it offers huge investment opportunities in the coming 5 to 10 years in the areas of Vaccines, Bioactive Therapeutic Proteins, Stem Cell Biotechnology, Contract Research, Clinical Trials, Bioinformatics, Plant Biotechnology, and Environmental Biotechnology.
IndiaÂ’s billion-plus population with rising purchasing power provides a huge market for Biotech Products & Services. India also offers a highly skilled and low-cost labour force, which is attracting outsourced Research activity from global companies and has now evolved as a destination for focused R&D activities creating Intellectual Property. This is complemented by an increase in government funding for product innovation and research.
Bangalore INDIA BIO - India' s biggest and most sought-after Biotech Forum will connect the International Life Sciences Sector with the vibrant Indian Biotech sector. Join us in our drive towards making tomorrow' s world a better place through strategic research & business alliances in the key sector of Life Sciences and Biotechnology
Bangalore INDIA BIO is an annual event organized by Department of IT, BT and S & T, Government of Karnataka, under the guidance of Vision Group on Biotechnology, an apex advisory body comprising of members from Government, Public and Private Sectors including Industry and Academia. Since 2001, Bangalore INDIA BIO has been instrumental in promoting the inherent strength of the Indian Biotech Industry to the outside world and is now acknowledged as the biggest and India' s National event on Life Sciences.
The potential of Biotechnology sector is tremendous and the vision of Department of Biotechnology and the Biotech Industry is to acheive a size of US$ 100b by 2025. India' s Biotechnoloygy sector has grown steadily over the last decade from US$ 500m in 2003 to US$ 4b in 2011 - 12. Today Indian Biotech stands 4th in term of volume and 13th in terms of value, holding 2% of global Biotech industry share