Approximately 2% share of the global biotech industry is held by the Indian biotech industry
alone. In 2017, the Indian biotechnology industry was valued at about US$ 11.6 billion. As per Union
Minister for Science and Technology, the government has to invest US$ 5 billion to develop human
capital, infrastructure and research initiatives to reach a target of growing this sector into a US$ 100
billion industry by 2025.
Out of the total contributing sectors that fall under Biotechnology, biopharma is the largest
contributing sector (about 62%), followed by bio-services (18%), bio-agri (15%),
bio-industry (4%) and bio-informatics (1%). Due to increasing demands for different
biotechnology-based products, several companies from abroad have set up base in India. In addition,
India is turning out o be a leading destination for contract research, manufacturing/production related
jobs and clinical trials.
After completing M.Sc. programs in Biotechnology, students can get employment in various sectors, such as Medical Diagnostics, Pharmaceuticals, Crop improvement, Food Processing industries, Stem Cell Technology, Forensic Science based organisations, Drug designing, Biotechnology Management, IPR, IT and Banking. Employment opportunities are available in various Biotech Parks, Biotech Research Incubator Institutions, Pharmaceutical companies as well as government organisations, such as Food Corporation of India and Armed forces. In addition, students can opt for pursuing higher education, both in India and abroad. They can also opt for opening their own start-ups. These programs have been designed in such a way so that the students develop better abilities of critical thinking and have better analytical, problem solving and research skills. They are also taught to think rigorously and independently to meet higher level expectations of biotech industries, research organization and academic institutions. Their entrepreneurship development skills are also nurtured during their course duration.