Top 10 Leaders In BioTech - 2023

Biotechnology: A Sunrise Sector of India
Biotechnology can be spelled as the manipulation of living organisms to create commercial products. This industry is largely divided into the medical and agricultural markets. Though enterprising biotechnology is also applied to other areas, such as the industrial production of chemicals and bioremediation, the use in these areas is still specialized and limited.On the other hand, the medical and agricultural industries have undergone rapid biotech revolutions and discovering, altering, and producing novel biomolecules and organisms through bioengineering.

"Biotechnology is the technology, which can recreate the nature more beautifully"

AgriBiotech: The economy of India is an Agro-Economy. Being one of the largest agricultural players in the world, India has experienced a buoyant growth in both, agriculture and agricultural biotechnology in the past decades. Agricultural biotechnology is nothing but a range of tools, including traditional breeding techniques, or parts of organisms, to modify products, improve plants or animals, or to develop microorganisms for specific agricultural uses. Modern biotechnology today also includes the tools of genetic engineering.

Medical Biotechnology: Medical biotechnology is a branch of medicine that uses living cells and cell materials to research and then produce pharmaceutical and diagnosing products that helps in treatment and prevention of diseases. For instance, from the Ebola vaccine to mapping human DNA to agricultural impacts, medical biotechnology is making huge advancements and helping millions and more people. Some of the most recent uses of biological tech includes work in genetic testing, drug treatments, and artificial tissue growth.

The Indian Bio economy has witnessed a manifold increase in valuation in the past ten years, and today, India is among the Top 12 destinations for biotechnology worldwide and 3rd largest destination for biotechnology in Asia Pacific. As per a report by Investinindia, in 2022, India’s Biotechnology industry has crossed $80.12 billion, growing 14 percent from the previous year with COVID-19 giving the industry a much-needed boost. Today, India is poised as one of the leading destinations for bio innovation and biomanufacturing. The above success as a whole attributes to nothing but to the infusion of strong academic, leadership and unmatched talent from both technical and life sciences background which has vitally increased the capabilities and has stimulated the growth of this sector.

CEO Insights magazine in this issue presents a list of  ‘Top 10 Leaders In BioTech - 2023' who have leveraged their extensive industry expertise and experience in offering effective skills to the market. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board. We recognize their valuable contribution to the ever expanding and competitive market and their ability to sustain themselves and emerge as top contestants through their reliable knowledge.