Life Sciences
Biotechnology Industry
The sunrise industry that is capable of rejuvenating nature while re-establishing sustainable and better life for all is biotechnology. Here, we are focussed on application-oriented life sciences that have changed the Earth in a very short span of time. The biological cycles that have dominated for centuries now are crunched due to tough competition as man advances technologically. The application of life sciences to develop products from biomolecular processes with the sole aim of improving life and health of the planet is the branch we know as biotechnology. Biotechnology based industry is categorized into 4 main segments that are red biotechnology (red), industrial biotechnology (white), environmental biotechnology (green) and marine biotechnology (blue). These 4 categories have a huge umbrella of industries under them in the primary, secondary and tertiary economic sectors that together have created the ‘Bioeconomy’. The thrust of the future is on ‘Bioeconomy’ which is a major shift from the ‘Carbon Economy’ of yore. We proudly associate ourselves with the shift towards more sustainable processes and products that hold promise of a better future for all in the chain.
India Perspective
The Life Sciences based Biotechnology Industry is growing in India. India is committed as a country to a better environment and better lifestyle. This focus on renewables, green and sustainability is evident in the Government of India’s policies and commitment statements at different National and International platforms. The industry is growing with agriculture, healthcare, and pharma surging ahead in recent times in the start-up space. The established business houses are marking the sustainability space with high investments and collaborations for greener technologies in alignment with the shift. The Biotechnology Industry is rising to the future demands of the country where ‘glocal’ is being implemented and helping shape better lifestyles.