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Biotech Industry in India

on 2001/4/12 9:47:02 ( 1544 reads )


NEW DELHI, INDIA, April 8, 2001: Following in close footsteps to India's software revolution, the biotech industry has found a new haven for its development. Combining natural rich diversity, lenient biotech policies and qualified individuals conducting research, India hopes to expand both its wealth and medical and ecological breakthroughs. Critics such as environmentalist Vandana Shiva say the Western companies are coming to India to promote biotechnology because the Western public is increasingly opposed to this technology as prone to extremely hazardous consequences. It is illegal to market GM food in Europe, and companies are starting to shy away from GM corn and other crops in America.

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