Biotechnology is the next big economic opportunity for Brand India. Today biotechnology is playing an increasingly important role in addressing the previously unmet medical needs, augmenting food and agriculture and addressing environmental sustainability.

Information, innovation and imagination are the key drivers of today's knowledgeled business era and India is leveraging these attributes to build a strong global brand. Information Technology has provided India with a powerful branding platform which has raised national pride to an alltime high.

Research and Development (R&D) is the pivotal force of this emerging domain. India stands an advantage on the global scenario through its large reservoir of scientific talent, its engineering prowess in process development and manufacturing, and through its rapidly developing clinical research capabilities. Biotechnology as a business segment for India has the potential of generating revenues to the tune of $5 bn and creating a million skilled jobs over the next five years through various products and services. This can propel India into a significant position in the arena of global biotechnology.

Custom Research is a services model that most Indian biotech companies have opted for at the start up stage in order to earn early revenues so as to fund infrastructure and scientist salaries. These companies envisage to move on to a product development phase once they attain profit levels to sustain original R&D. Additionally, there also exist opportunities to move up the value chain through discoveryled research programs on shared IPR and milestone payments. This segment is expected to reach revenue levels crossing $1 bn by the year 2010.

The Analyst Magazine, Environmental Sustainability, Research and Development, R&D, Products and Services, Global Biotechnology, Indian Biotech Companies, Product Development, Indian Biotech Sector, Indian Biotech Sector, Government Policies, Phytopharmaceuticals, Data Management Services, National Research Laboratories, Product Commercialization.