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Strengths:

  • Large pool of talent.
  • English speaking human expertise which makes India a preferred investment market for the western world compared to China, Japan or Korea.
  • Low manpower cost.
  • Large IT base.

 Weakness:

  • Weak track record in commercial biotechnology innovation.
  • Poor bioinformatics research infrastructure for incubation.
  • Poorly developed bioinformatics education and training.

 Opportunities:

  • Investor friendly policies can prompt more NRIs to infuse funds.
  • More indigenous software products to help the research community.
  • Creating interest with in the venture capital community.
  • Huge existing data resources that can be commercialized as bioinformatics tools.

 Threats:

  • Lack of R&D funding by the government.
  • Low awareness on IP related issues.
  • Lack of quality bioinformatics software tools at affordable prices.
  • Absence of facilitating engines like EBI (European Bioinformatics Institute).

 "We estimate the Indian bioinformatics industry to touch $2 billion by 2006. For this, we need affordable world-class software and talented bioinformatics professionals. " - Mr Kolaskar, vice- Chancellor of Pune University

 

 

 

 

 

 

 

   

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