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India is presently among the topmost countries in the field of research. Developments in the field of science and technology have always been recognised as a vital factor in the socio-economic development of India. Over the years, the country has made significant advancements in various spheres of science and technology and can now boast of a strong network of science and technology institutions, technically proficient manpower and an innovative knowledge base.

 

With 16 Indian Institutes of Technology (IITs), 30 National Institutes of Technology (NITs), 162 universities awarding about 4,000 doctorates and 35,000 post-graduate degrees, and about 40 research laboratories run by the Council of Scientific and Industrial Research (CSIR), India has made some significant achievements in the field of science and technology.

 

India is making rapid advancements towards industrialisation, technological developments and overall economic stability. In this regard, the advances in the field of science and technology and basic scientific research play an important part.

 

India is the world’s second largest producer of food with the potential of being the biggest, backed by its food and agricultural sector. The food processing industry is one of the largest industries in India and is ranked fifth in terms of production, consumption, export and expected growth. The total food production in India is likely to double in the next 10 years with the country’s domestic food market estimated to reach US$ 258 billion by 2015.


Healthcare in India today provides existing and new players with a unique opportunity to achieve innovation, differentiation and profits. In the next decade, increasing consumer awareness and demand for better facilities will redefine the country’s second largest service sector employer.


An increase in insurance coverage, an ageing population, rising income, greater awareness of personal health and hygiene, easy access to high-quality healthcare facilities and favourable government initiatives are some of the important factors expected to drive the Health, Wellness and Pharma industry in India.


India leading to be the Global Leader in 3N’s, Nutraceuticals, Nutritionals and Naturals

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