Biotechnology has been making steady progress in last decade and a half. More than half of the earnings from this industry currently come from exports and the trend is expected to remain the same in the coming years.
Although, students doing research work in this field have a tendency to work in foreign countries, yet there is huge potential for students who wish to stay and work in India. According to a recent survey, India is stated to become an international focal point for development of biotechnology.
The areas where biotechnology has grown in India includes Agricultural Biotechnology, Animal Husbandry, Bioinformatics, Bio fertilizers and Dairy development. Growth has also been seen in the area of Bio-resource Development, Plant Biology, Marine Biotechnology, Microbiology, Genetic research.
The changes in the patent regime along with the initiatives taken by the government are expected to bear fruit. All this will lead to a rapid growth and expansion of biotechnological industries in the country.