3/25/2005

The country's science and technology minister told parliament the biotechnology industry is set to reach its 2005 target market size of $1 billion and $5 billion by 2010. Kapil Sibal said the sector has reached a "critical mass" in manufacturing and research services and is now ready to leverage its scientific skills and technical experience to compete worldwide. He cited biopharma and bioinformatics in particular for the industry's growth.

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