Biotechnology - Fast Emerging Sector of India

Biotechnology is considered to be a quickly emergingprograms in India. It also offers grants to universities,
and far-reaching technology. It's a branch of sciencenational research laboratories, and research
that may play a major role in the development andfoundations associated with biotechnology-related
growth of India. Biotechnology refers to anyactivities.
technological application that uses biological systemsThe key responsibilities of the DBT include:
and forms in a governable manner, to not only1. Promoting large-scale use of biotechnology
produce new and useful processes or products but2. Acting as a government agent for importing fresh
also modify the existing ones. It benefits bothrecombinant DNA-based biotechnological processes,
mankind and other life forms, such as microorganisms.technologies, and products
Besides, biotechnology helps maintain an optimum3. Building infrastructure facilities to aid R&D and
ecological balance by lowering the amount ofproduction
hydrocarbons and controlling pollution.4. Initiating technical and scientific efforts associated
Biotechnology in India is one of the most rapidlywith biotechnology
growing knowledge-based sectors. Today, it's being5. Promoting international collaborations to expound
increasingly used to design and develop unique,the knowledge base of the biotech sector in India
improved varieties of pharmaceutical products, crops,6. Providing bio-safety guidelines for laboratory
fertilizers, processed foods, a plethora of chemicals,research, applications, and production
cosmetics, growth enhancers, health care aids, and7. Serving as a nodal agency for collecting and
environment-related substances. The biotechdisseminating biotechnology-related information
segment in India has been making fast strides on theFurthermore, the Indian government has set up the
world platform. India is currently producing andNational Bio-Resource Development Board (NBDB)
marketing many therapeutic biotech drugs andunder the department to determine the broad-policy
vaccines. From 2005-2006, the Indian biotech sectorframework for efficient use of biotechnological
recorded an impressive revenue of approximatelyresearch and development.
US$ 1.07 billion and registered a 36.55% growth.The key functions of this board include:
India has diverse biological resources. Biotechnology1. Promoting how bio-resources add value and
offers opportunities to convert these resources intostrengthening bioinformatics
employment opportunities and economic wealth.2. Formulating predictive groupings of biological
Several factors create an impetus for India toresources via well-developed molecular lineages
produce excellent capabilities in the domain of3. Providing efficient conservation strategies for
biotechnology. These factors include a strong pool ofbio-resources with potential economic and scientific
scientists and engineers, a large reservoir of scientificvalue
human resources, affordable manufacturing4. Promoting the application of biological software in
capabilities, numerous medical colleges, educationalpathogens' and agricultural pests' management
and training institutes providing diplomas and degrees5. Training and teaching human resources towards
in biotechnology, a large number of national researchachieving all these objectives
laboratories engaging thousands of scientists, fastThe Indian government is also establishing many
developing clinical capabilities, and a vibrant drugs andbiotech parks and incubators. Some existing biotech
pharmaceutical industry.parks/incubation centers are in Uttar Pradesh,
The Department of Biotechnology (DBT) in India isHyderabad, Kerala, Himachal Pradesh, and Bangalore.
regulated by the Ministry of Science and TechnologyWith so many measures being adopted to promote
and is a top authority responsible for thebiotechnology, the Indian biotech sector is set to
development of the biotech industry. Thisflourish, and it can revolutionize agriculture, industrial
department is responsible for planning, promoting, andprocessing, health care, and environmental
organizing different biotechnological activities andsustainability.