Shape your future
The biotechnological industry in India was valued at $63 billion in 2019. It is expected to grow at a CAGR of 16.4% opening doors for lucrative options for those looking for a future in this sector, says SACHIN GUPTA
Biotechnology is the technological application wherein the living systems and organisms are used to develop products. With the global biotechnological market expected to reach the value of over $727 billion by 2025, the biotech employment rate is expected to grow by 5% by 2029. The biotechnological industry in India was valued at $63 billion in 2019 and is expected to grow at a CAGR of 16.4% while it is estimated to value $150 billion by 2025.
This industry is a major economic driver in the country and in the world. India is also the 3rd largest biotechnology destination in Asia- Pacific and is among the 12 top destinations in the world. When we think about biotechnology we more often think about scientists in labs, medicines and pharmaceuticals but biotechnology has many other career options and different segments to explore offering various job prospects.
Plant biotechnologist
This field falls under the domain of agricultural science and revolves around research. Students wanting to have a career in this field should have the basic understanding of the industry, along with the knowledge of the demands of the companies that deal with food production. Apart from this, individuals interested in this career field should have a fundamental learning of biotechnological concepts. This field offers careers in fields like plant breeder, production manager, professor, sales manager and more.
A person pursuing plant biotechnologist may work to create a sustainable and reliable food source for global use, apply genetic and biochemical technologies to improve condition of crops and quality of the seeds. Besides this, plant biotechnologists also play a role in medical research and also work to make crops that are resistant towards diseases, droughts and other disasters.
