India’s Biotechnology Ecosystem: A SWOT Analysis
Document Details
| AUTHOR | Shambhavi Naik |
| DATE | June 20, 2023 |
| DOCUMENT | Takshashila Discussion Document 2023-10 |
| VERSION | Version 1.0, June 2023 |
| CATEGORIES | Advanced Biology ABP |
Executive Summary
Biotechnology is recognised as critical for national growth and security. This study assesses biotechnology in India – its strengths, weakness, opportunities, and threats. India’s strengths include a dedicated governmental agency to promote biotechnology, a large workforce, and the ability to scale at affordable rates. Weaknesses include poor government and private investment in biotechnology, lack of fundamental research, weak regulatory ecosystem, and lack of highly skilled labor. Based on this analysis, the study recommends three important steps for boosting the biotechnology sector – increase funding, enhance skill capacity, and boost international cooperation.