Tuesday, 30 May 2023

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Inside Magazine

2021 was a landmark year for the startup ecosystem when for the first time biotech industry in India recorded over 1000 new startup registrations in a single year, as per the Bioeconomy Report 2022. The number of Biotech startups in the country has increased from 50 to over 5,000 in the last 8 years.

The Department of Biotechnology (DBT), under the Ministry of Science and Technology, Government of India, has established many biotechnology parks and bio-incubators across the country to turn research into products and services by providing necessary infrastructure support.

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