LIfe Sciences Growth Story in India
Overview of LIfe Sciences Growth Story in India: Over the past decade, India has emerged as a global leader in the life science sector. The country boasts a vibrant and growing life sciences industry, driven by a rapidly expanding network of government and private sector investments, world-class educational and research institutions, and a thriving startup ecosystem. India is now home to the world's largest number of US FDA-approved generic drugs, and its biotech industry is expected to reach US$150 billion by 2025. The Indian life sciences industry has benefited from increased government support, including a variety of public sector investments designed to spur growth in the sector. The Department of Biotechnology (DBT) has partnered with numerous public and private organizations to promote the development of research, innovation, and commercialization in India. Additionally, private sector venture capital firms have played an major role in the development of the Indian life scien...