The biotechnology industry in India comprises about 600+ core biotechnology companies, approx. 2600+ biotech startups, 41 BIRAC-supported incubators. India has the second-highest number of US Food & Drug Administration (USFDA)-approved manufacturing plants outside the US. Considered as one of the SunRise Sector & This Industry has grown by the fast pace of 20% CAGR since the last decade and growth is likely to stay in the future. There are around 7 Listed Companies in this sector, but major Sales and Profits are made by Biocon. A Leader in Biotechnology. Biocon is with larger market share, High Margins, Consistent Profit history of 2 decades, and hence generated better ROPE comparing it with peers.