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Indian agbiotech sector at $425 million

The Indian agricultural biotechnology sector grew by 29.6% in the year ended March 31st 2010 to Rs 19,360 million ($425 million at the current rate), reports Indian news publication Biospectrum. Exports accounted for 3% of the total. The sector was the fastest growing among the country’s biotechnology industries and increased its share from 12.3% to 13.9% of the overall total.

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