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Explain why India is considered a land of opportunities in the field of biotechnology. Also, discuss India's preparedness to become a leading bio-manufacturing hub.
India is a prime location for biotechnology due to its growing market, supportive policies, skilled workforce, strong research and development infrastructure, cost-effectiveness, robust pharmaceutical industry, and global market penetration. With a population of over 1.3 billion, India has a signifiRead more
India is a prime location for biotechnology due to its growing market, supportive policies, skilled workforce, strong research and development infrastructure, cost-effectiveness, robust pharmaceutical industry, and global market penetration. With a population of over 1.3 billion, India has a significant domestic market for biotechnological products and solutions, including healthcare and agriculture. The country’s rising incomes and health awareness drive demand for advanced healthcare solutions, including biopharmaceuticals, vaccines, and diagnostics. The government has implemented policies to support the biotechnology sector, including the National Biotechnology Development Strategy and the Biotechnology Industry Research Assistance Council (BIRAC) initiatives. India’s vast talent pool, strong research and development infrastructure, and cost-effectiveness make it an attractive destination for biotech companies. The country’s well-established pharmaceutical industry provides a strong foundation for the growth of biopharmaceuticals and biotechnology. India’s infrastructure development, regulatory framework, public-private partnerships, and export potential make it a potential leader in bio-manufacturing on the global stage. India is positioned as a land of opportunity in biotechnology and a prospective leader in bio-manufacturing in the world arena because of its mix of a sizable domestic market, supporting regulations, talented labor, cost advantages, and a strong industrial base.
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protein folding is the process of specifying the protein structure and its functioning shape
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applying an external force to a macromolecule, polymer, protein, and DNA strand, causes it to extend from its coiled or folded state
applying an external force to a macromolecule, polymer, protein, and DNA strand, causes it to extend from its coiled or folded state
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