Initial salary of a biotechnology engineer in India
Isn’t salary the main reason young people choose a particular course for their higher education? This seems to be one big motivation for class X students: half of them opt for for non-medical or engineering streams. Engineering is indeed a lucrative career option that ensures you a bright future. Among all the branches of engineering, b.tech in biotechnology is fast gaining importance and seems to be the first choice of numerous students. Let’s examine its scope and career growth opportunities in this article curated by a career and academic expert -
Recently when the world was badly hit by COVID-19, the global population looked at biotechnologists to find the solution for finding a solution to the pandemic. In the modern world, biotechnology is one of the fastest-growing fields that produce professionals who have the ability to develop products or mechanisms on the basis of our biological systems and microorganisms. A good thing about biotechnology is that it covers various aspects like genetics, biochemistry and molecular biology. If you are also planning to do b.tech biotechnology and are wondering if this is a promising field, then we are going to discuss everything about the salary you can expect after completing BTech biotechnology, the scope of biotechnology, etc.
What is the Scope of Biotechnology in India?
As we already discussed, there is a huge demand for people who have completed their degree in b Tech biotechnology. There is a reason that many people are now exploring this as a career option - there has been immense growth in the field of science in terms of innovations and inventions. In fact, it has been noted that India is one of the top destinations for biotechnology in the world. India is noted as the world’s third-largest producer of Hepatitis B vaccines in the world. As per the statistics available, India’s biotechnology industry has been valued at $63 billion. And the growth is likely to be immense with an expectation to reach $150 billion by 2025.
The good news for the candidates planning to pursue b.tech biotechnology is that the Indian Government has allowed 100% FDI under the automatic route for the biotechnology sector.
Top Biotechnology Jobs in India for Freshers
Since there has been massive growth in the biotech industry in India, the number of jobs is also growing every year with more and more biotech organizations offering lucrative salaries to individuals having a degree in BTech biotechnology. As per the figures, the average salary of a biotechnologist in India is around Rs 4.9 lakh per annum. But this is just the beginning level. One can expect to achieve massive growth, based on experience and location. For example, salaries in small cities are lower than the Tier 1 cities of India. So let’s explore the job opportunities for Biotechnology freshers
Private Jobs for Biotechnology Freshers
Following are the best career options available for freshers in biotechnology are: