download from www osec ch india biotechnology compiled by swiss business hub new delhi july 2003 overview and trends the knowledge intensive industry service sectors in have been gradually playing more important role country s economy is amongst these it has attracting a lot of interest government academic institutions for background may be mentioned that large pool scientific manpower rich diverse bio diversity number research development well established industrial base indian an biotech sector very beginning there are r&d medical agricultural which set up during past two three decades increased budgetary allocation department about us 28 million 1997 98 to 50 2002 03 regulatory framework place approve gm crops r dna products healthcare facilitate stem cell though further reforms expected streamline system remarkably
