The potential of India's biotech industry has been outlined in a white paper analysing its current standing and growth opportunities.
Consulting firm Frost & Sullivan’s paper, entitled India Ripe for Biotech Industry Growth, finds that India is among the top 12 biotech destinations in the world and ranks third in the Asia-Pacific region.
Increasing foreign investments, supportive government policies, more exports and a skilled workforce have helped the industry to overcome an economic downturn in 2013 to 2014, the analysis finds.
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