BT sector set to grow at 20%

BT sector set to grow at 20%

Biofuels would offer a huge growth opportunity in biotech, Biocon Chairman & Managing Director Kiran Mazumdar-Shaw said, adding that the size of country’s biotech sector had reached US$3.5 billion in 2010 and is poised for robust growth in all segments of biotechnology.

“India is already a world leader in vaccine production, Bt Cotton and bio-pharmaceuticals, especially bio-similars,” she said. “India is also a large producer of industrial enzymes for green technologies & bioremediation,” she added.

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