The biotech industry in India has a share of 2 % in the global market. It is expected that the Indian biotech industry will grow by leaps and bounds by 2020 due to the increasing growth in the customer base. With the increasing demand of biotech products in India many foreign companies have opened there bases in India and the government of India is also working on enhancing the biotech sector in the country. The department of biotechnology was established in the country during the year 1986.

After its establishment we can see that a lot of improvements have been made in this field. To facilitate this growth, large number of laboratories were established, which paved way for the invention of several drugs for the production of blood clotting, insulin, human growth and so on including life saving drugs and enzymes.

Top Biotech Companies in India

In India there are around 350 companies providing specialized products and services in the biotech sector. Surveys show that the leading biotech companies contribute about 27% to the revenue of the sector. Many foreign companies are also entering India in this field. The top biotech industries in India are:

Biocon: it is one of the leading healthcare and biotech companies in the country providing specialized services in biopharmaceutical market. The company provides high quality healthcare products for diabetes, cancer, inflammatory ailments and so on.

Nicholas Piramal India Limited: Nicholas Piramal India Limited is a big brand in the field of biotech medicines. The company is ranked fourth in the Indian Health care market. The company provides several sevices like medicines, therapies and lots more.

Dr Reddy’s Laboratories: Dr Reddy’s Laboratories is one among the top rated companied in this sector. This company is also established in American and European markets. The company provides expert services in the field of healthcare and therapeutic medicines. The company was established in India during the year 1983. The company also offers research facilities in the field of inflammation, metabolic disorders and infective diseases and so on.

Bharat Serums and Vaccines limited: Bharat Serums and Vaccines limited is one among the fastest rising companies of the country. The company was established in 1971.

Other famous Biotech Companies in India

• Catalyst Pharma Consulting
• Alembic Limited
• Amersham Pharmacia Biotech Asia Pacific Limited
• Biotech Consortium India Limited
• Brain Wave Bioinformatics Limited
• Haitanya Healthcare Ecom Limited
• Chemitech Foundation
• Colour-Chem Limited
• Excel Industries Limited
• Hi Tech Bio Laboratories
• Landpower Biotech Limited
• Lupin Limited
• Nicholas Piramal India Limited
• Ocimum Biosolutions Ltd
• Serum Institute of India
• Shantha Biotechnics Private Limited
• Life Science Technology

The above listed are the famous biotech companies of the country. The biotech sector in our country has been showing immense growth in the recent years and is expected to grow in the years to come.