The Biotech Companies in India have witnessed a relatively significant growth over the past few years. According to industry experts this positive growth trend is expected to carry on in the future. India's economic development and the liberalization policies are the main causes behind the rapid progress of the Biotech companies.
The Indian biotech industry holds a 2 percent share of the global biotech industry. With the growth in the customer base and more investments taking place in the biotech sector, the biotech industry is expected to grow to around ` 4, 40,000 crores by the year 2020. The high demand for different biotech products has also opened up scopes for the foreign companies to set up bases and reap great profits. Some of the positive facts about the growth of the biotech sector in India are:
- The biotech sector has crossed $1 billion
- There has been a high growth of the Bio Agri sector in the country.
- With the introduction of new technologies, the sector has grown to ` 598 crore from ` 330 crore
Leading Biotech companies in India
Today, there are around 350 companies in India which produce specialized products and services in various sectors of bio technology. According to the recent surveys, the leading biotech companies contribute around 27 % of the total revenue of the sector. With the liberalization in the Indian economy, a number of foreign biotech companies are also entering the Indian market to cater to the needs of the target audience. Some of the well known biotech companies that have set up bases are:
Biocon is one of the premier biotech and healthcare companies in the country. It provides specialized services in the biopharmaceutical value chain market. The main objective of the company is to offer high class health care products in the fields of diabetes, cancer, inflammatory ailments and so on. A number of medical therapies are also offered at affordable rates.
A renowned name in the field of biotech medicines and research, Nicholas Piramal India Limited has made itself a big brand name by providing great services. It ranks as fourth in the Indian healthcare market and offers a number of services like medicines, therapies and lots more. The company has also successfully launched itself in the markets of Europe, North America and Asia.
It ranks among the premier biotech companies in the Indian market and has also successfully launched into the American and European markets. The company is known for offering specialized facilities in the field of healthcare and therapeutic medicines. It also provides research facilities in areas like inflammation, metabolic disorders, and infective diseases and so on. Indian Immunologicals Ltd. This biotech company in India was established in 1983. Ranking amongst the best vaccine producing companies in the world Indian Immunologicals Ltd is continuously working on improving the quality of life of people and livestock.
Bharat Serums and Vaccines limited: This Company was founded in the year 1971. Counted as one of the fastest growing biotech companies in India today Bharat Serums and Vaccines limited is engaged in the developing and manufacturing of specialized biological and pharmaceutical products.
Popular Biotech companies in India
Some of the other popular Biotech companies in India include;
Catalyst Pharma Consulting
Address 71, Dharam Jyot, A. B. Nair Road,
Juhu, Mumbai - 400 049
Phone: 022-6201018, 6244552
Address A. P. & M. P. Division Alembic Road
Vadodara - 390 003
Phone: 0265-280550 / 880
Amersham Pharmacia Biotech Asia Pacific Ltd.
Address FF3, First Floor, Palani Center,
32, Venkatanarayan Road, T. Nagar,
Chennai - 600 017
Phone: 044-434 0747
Fax: 044 4323770
Biotech Consortium India Limited
Address 5th Floor, Anuvrat Bhavan,
210, Deen Dayal Upadhyay Marg, New
Delhi - 110 002
BrainWave Bioinformatics Ltd.
Address MAC House, 4 Sardar Patel Road,
Guindy, Chennai -32
Phone: 91 44 2220 0890
Fax: 91 44 0230 0194
haitanya Healthcare Ecom Ltd.
Address Biomix Network Ltd,
Millennium Business Park, Unit 303, Bldg. 6,
Sector III, MIDC, Mahape, New Bombay - 400 709
Phone: 022-7781108, 7781110
Address 26, Maker Chambers VI,
Nariman Point, Nariman Point,
Mumbai - 400 021
Phone: 022-2874758 / 59, 2851734 / 74
Address Life Science & Electronic Chemicals Division,
Mumbai - Agra
Road, Balkum, Thane - 400 608
Phone: 022-5345060, 5412479
Excel Industries Limited
Address Environ-Biotech Division,
Amboli Hill, Veera Desai Road, Andheri
Phone: 022-6367697 / 98, 6316100
Frost & Sullivan
Address Industry Manager
Healthcare Practice, 5, Chunawala Estate,
Kondivitta Road, Andheri (E),
Mumbai - 400 059
Hi Tech Bio Laboratories
Address Survey No. 36/1/1, M. N. 199,
Vadgaon Khurd, Pune - 411 041
Phone: 020-4390419 / 4390977
Landpower Biotech Ltd.
Address 29 / 242, Ist Floor,
Srinivasa Nagar (West),
Hyderabad - 500 038
Phone: 040-3731899, 6508467
Address 159, C. S. T. Road,
Kalina Santacruz (East), Mumbai - 400 098
Phone: 022-6931001 , 6526391 / 6575 / 8350
Nicholas Piramal India Limited
Address 100, Centre Point,
Dr. Ambedkar Road, Parel,
Mumbai - 400 012
Phone: 022-4134653 Extn. 1620
Ocimum Biosolutions Ltd.
Address 404, Reliance Classic,
Road No. 1, Banjara Hills,
Hyderabad - 500034
Serum Institute of India
Address 212/2 Hadapsar
Shantha Biotechnics Pvt. Ltd.
Address 3rd floor, Serene Chambers Road,
No. 7, Banjara Hills,
Hyderabad -500 034
Life Science Technology
Address Alfa Laval (India)
Limited, Mumbai - Pune Road,
Dapodi, Pune - 411012
Phone: 020-7107347, 4116347