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Biotechnology In India
Biotechnology in India is a sunrise sector within the Indian economy. Agencies of the Government of India concerned with the biotechnology industry include the Department of Biotechnology and the proposed Biotechnology Regulatory Authority of India. As of 2022, the sector is valued at $80 billion. The Indian biotechnology sector is fast growing, and the sector is expected to be valued at $150 billion by 2025 and surpass $300 billion in value by 2030. History The first Indian biotechnology company to be established was Biocon, which was founded by Kiran Mazumdar-Shaw in 1978. The Indian biotechnology industry formally began in 1986 with the establishment of the Department of Biotechnology (DBT) by the Ministry of Science and Technology. Regulation Department of Biotechnology The Department of Biotechnology is an Indian government department under the Ministry of Science and Technology, responsible for administering development and commercialization in the field o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of India
The economy of India has transitioned from a mixed planned economy to a mixed middle-income developing social market economy with notable state participation in strategic sectors. * * * * It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). According to the International Monetary Fund (IMF), on a per capita income basis, India ranked 142nd by GDP (nominal) and 125th by GDP (PPP). From independence in 1947 until 1991, successive governments followed Soviet style planned economy and promoted protectionist economic policies, with extensive state intervention and economic regulation. This is characterised as dirigism, in the form of the License Raj. The end of the Cold War and an acute balance of payments crisis in 1991 led to the adoption of a broad economic liberalisation in India. Since the start of the 21st century, annual average GDP growth has been 6% to 7%, and from 2013 to 2018, India was the world's f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Hindu
''The Hindu'' is an Indian English-language daily newspaper owned by The Hindu Group, headquartered in Chennai, Tamil Nadu. It began as a weekly in 1878 and became a daily in 1889. It is one of the Indian newspapers of record and the second most circulated English-language newspaper in India, after '' The Times of India''. , ''The Hindu'' is published from 21 locations across 11 states of India. ''The Hindu'' has been a family-owned newspaper since 1905, when it was purchased by S. Kasturi Ranga Iyengar from the original founders. It is now jointly owned by Iyengar's descendants, referred to as the "Kasturi family", who serve as the directors of the holding company. The current chairperson of the group is Malini Parthasarathy, a great-granddaughter of Iyengar. Except for a period of about two years, when S. Varadarajan held the editorship of the newspaper, the editorial positions of the paper were always held by members of the family or held under their direction. Histo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Startup Company
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship refers to all new businesses, including self-employment and businesses that never intend to become registered, startups refer to new businesses that intend to grow large beyond the solo founder. At the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to be successful and influential.Erin Griffith (2014)Why startups fail, according to their founders Fortune.com, 25 September 2014; accessed 27 October 2017 Actions Startups typically begin by a founder (solo-founder) or co-founders who have a way to solve a problem. The founder of a startup will begin market validation by problem interview, solution interview, and building a minimum viable product (MVP), i.e. a prototype, to develop and validate their business models. The startup process can take a long period of time (by so ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Economic Times
''The Economic Times'' is an Indian English-language business-focused daily newspaper. It is owned by The Times Group. ''The Economic Times'' began publication in 1961. As of 2012, it is the world's second-most widely read English-language business newspaper, after ''The Wall Street Journal'', with a readership of over 800,000. It is published simultaneously from 14 cities: Mumbai, Bangalore, Delhi, Chennai, Kolkata, Lucknow, Hyderabad, Jaipur, Ahmedabad, Nagpur, Chandigarh, Pune, Indore, and Bhopal. Its main content is based on the Indian economy, international finance, share prices, prices of commodities as well as other matters related to finance. This newspaper is published by Bennett, Coleman & Co. Ltd. The founding editor of the paper when it was launched in 1961 was P. S. Hariharan. The current editor of ''The Economic Times'' is Bodhisattva Ganguli. ''The Economic Times'' is sold in all major cities in India. Other ventures In June 2009, The Economic Times launched a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sea6 Energy
Sea6 Energy is a seaweed company based in Bangalore, India that focuses on cultivating and processing tropical seaweed species. The company has developed a proprietary cultivation mechanism called the SeaCombine, which can simultaneously harvest and replant seaweed in deep ocean waters, enabling cost-competitive production at scale. The company has also developed proprietary technologies to convert fresh seaweed into environmentally friendly products for a range of industries including agriculture, animal health, food ingredients, bioplastics and renewable chemicals. In 2012, Sea6 Energy was given the title of "Emerging Company of the Year" by the Government of Karnataka. Company history As students at the Indian Institute of Technology Madras (IIT Madras) in 2008, the company's four founders—Nelson Vadassery, Sailaja Nori, Sowmya Balendiran, and Sayash Kumar—sought out the help of their professor, Shrikumar Suryanarayan, to aid in entering the iGEM competition hosted ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Laurus Labs
Laurus Labs is an Indian multinational pharmaceutical and biotechnology company headquartered in Hyderabad. Its focus areas include active pharmaceutical ingredients (APIs), generic formulations, custom synthesis (CDMO), biotechnology. veterinary APIs and agro chemicals. The company was founded in 2005 by Dr. Satyanarayana Chava. Laurus Labs has its eight manufacturing plants located at Visakhapatnam, Hyderabad and Bangalore. The manufacturing units have received one or more approvals from USFDA, WHO, NIP Hungary, KFDA, MHRA, TGA, and PMDA. The company operates through its subsidiaries in Europe and United States and also offers its services in contract research, clinical research and analytical research through its R&D centers. The R&D centres are based in Hyderabad, Visakhapatnam and United States. Business divisions The company has 4 business divisions, which are generic formulation (FDF), generic APIs, contract development and manufacturing (CDMO)-Synthesis, bi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Animal Vaccination
Animal vaccination is the immunisation of a domestic, livestock or wild animal. The practice is connected to veterinary medicine. The first animal vaccine invented was for chicken cholera in 1879 by Louis Pasteur. The production of such vaccines encounter issues in relation to the economic difficulties of individuals, the government and companies. Regulation of animal vaccinations is less compared to the regulations of human vaccinations. Vaccines are categorised into conventional and next generation vaccines. Animal vaccines have been found to be the most cost effective and sustainable methods of controlling infectious veterinary diseases. In 2017, the veterinary vaccine industry was valued at US$7 billion and it is predicted to reach US$9 billion in 2024. History Animals have been both the receiver and the source of vaccines. Through laboratory testing, the first animal vaccine created was for chicken cholera in 1879 by Louis Pasteur. Pasteur also invented an anthrax vaccine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hester Biosciences
Hester Biosciences Limited (HBL) is a publicly traded Indian company headquartered in Ahmedabad, Gujarat, India. Hester is an animal and poultry vaccines manufacturing company with plants situated in Gujarat and Nepal. The company currently has a 30% share of the poultry vaccines market in the country. This makes Hester India's second largest poultry vaccine manufacturer. Hester is also the first commercial manufacturer of Goat pox vaccine in India and manufactures PPR vaccines from both, Nigerian and Sungri strains. Finances Hester equity shares are listed on the National Stock Exchange of India (NSE) as HESTERBIO and on the BSE (Security Code: 524669). They are also the owners of subsidiaries including Hester Biosciences Africa, and have acquired other company’s like Gujarat Agrofarm (which they purchased in 2007). As on 31 March 2019, market capitalisation of the company stood at Rs. 13.1 billion. The CEO and founder of the company is Rajiv Gandhi. For the Q1FY2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bharat Biotech
Bharat Biotech International Limited (BBIL) is an Indian multinational biotechnology company headquartered in the city of Hyderabad, India engaged in the drug discovery, drug development, manufacture of vaccines, bio-therapeutics, pharmaceuticals and health care products. Overview Bharat Biotech has its manufacturing facility situated at Genome Valley, Hyderabad, India. As of July 2020, the company has over 700 employees and has a presence worldwide. The company has been responsible for developing an eco-friendly recombinant and a naturally attenuated strain derived Rotavirus vaccine called ROTAVAC. They were one of the first to develop vaccines for viral diseases like Chikungunya and Zika. The company also produces vaccines for Japanese Encephalitis. Bharat Biotech has biosafety level 3 (BSL3) laboratories. COVID-19 vaccine development In April 2020, the company announced that they have partnered with US-based company FluGen and University of Wisconsin-Madison to develop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Serum Institute Of India
Serum Institute of India (SII) is an Indian biotechnology and biopharmaceuticals company, based in Pune. It is the world's largest manufacturer of vaccines. It was founded by Cyrus Poonawalla in 1966 and is a part of Cyrus Poonawalla Group. Overview The Serum Institute of India was founded in 1966 in the city of Pune, India. The company set out to produce immunobiologicals, which were imported into India at high prices. Among the first products the Serum Institute of India manufactured in large quantities were the tetanus antitoxin, snake antivenom, DPT vaccine, and MMR vaccine. The company's product lines was expanded to include different types of vaccines against bacterial or virus infections, combination vaccines, influenza vaccine, and meningococcal vaccine. Besides vaccine the company also manufactures antisera, blood plasma, and hormone products. As of 2014 the vaccines manufactured by the Serum Institute of India have been used in international vaccination programmes ru ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Press Information Bureau
The Press Information Bureau, commonly abbreviated as PIB, is a nodal agency of the Government of India under Ministry of Information and Broadcasting. Based in National Media Centre, New Delhi, Press Information Bureau disseminates information to print, electronic and web media on government plans, policies, programme initiatives and achievements. The head of PIB is also the Official Spokesperson of the Government of India and holds the rank of Principal Director General (Special Secretary equivalent). The post is currently headed by Shri. Satyendra Prakash, IIS (Batch of 1988). History The Press Information Bureau was established in June 1919 as a small cell under Home Ministry under the British government. Its main task was to prepare a report on India to be placed before the British Parliament. It was then located in Shimla. The first head of the publicity cell was Dr. L.F. Rushbrook Williams of Allahabad University who was designated as Officer on Special Duty. Prof. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of India
The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, consisting of 28 union states and eight union territories. Under the Constitution, there are three primary branches of government: the legislative, the executive and the judiciary, whose powers are vested in a bicameral Parliament, President, aided by the Council of Ministers, and the Supreme Court respectively. Through judicial evolution, the Parliament has lost its sovereignty as its amendments to the Constitution are subject to judicial intervention. Judicial appointments in India are unique in that the executive or legislature have negligible say. Etymology and history The Government of India Act 1833, passed by the British parliament, is the first such act of law with the epithet "Government of India". Basic structure The gover ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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