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Saturday, November 16, 2013

Indian biotech aiming to be $100 billion sector by 2025: Shaw

Indian biotechnology sector is looking to be a $100 billion sector by 2025Biocon chief Kiran Mazumdar-Shaw said here on Saturday. 

"We want to make Indian biotechnology a $100 billion sector by 2025. I really believe this can be done if we have right policies in place, right resources and right investments," Biocon chairman and managing director Kiran Mazumdar-Shaw told PTI. 

She was speaking on the sidelines of the third convocation and fifth annual lecture of NIIT University. 
Taking this road map is about delivering security like food security, health security and energy security and environment security, she added. 

"Agri bio can itself provide a $40 billion sector, Already BT Cotton is a $7.5 billion sector for the country. If you allow other genetically modified crops it could be much bigger," Shaw said. 

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