Want to know about biotechnologist salary in India ? Well you have landed on the right article where we will discuss Scope, eligibility, Benefits of biotechnologist.
'Money cannot buy happiness.' is the biggest myth I have come across in my short life on this planet. These are only the words of saints who have achieved everything in life.
The ones who are still struggling to create the life of their dreams know the importance of each penny. It is dire for us to learn to monetize our interests and dreams. Our passion never lets us be tired of doing something, and if the same is paid for, it can help our nation achieve wonders.
The same is the passion carried by the Biotechnologists of our country in their hearts. They work tirelessly to produce medicines, cures, and vaccines for us. Hence they should be paid for accordingly.
In India, biotechnologists are paid according to their work experience. It ranges from 4,00,000 to 6,50,000 for people with a work experience of one to five years, and it goes on to increase gradually as time passes.
Biotechnologist Salary In India
As the topic of discussion moves past, we come to the most vital part of its body, which is the overview of the salary earned by biotechnologists in India every month. As discussed earlier, biotechnologists earn based on their experience.
So, biotechnology salary per month is (97k to 150k per month), which is impressive for anyone trying to lead and afford the lifestyle they desire.
Payscale:
So here is the division of pay among different degrees of skill and experience.
Research scientists come first on the list, and their salaries range from 309k to 2m.
Data analysts, who again work in a blooming field, their salary ranges from 200k to 2m.
Again, the project manager who leads a cumbersome job earns 324k to 2m.
Senior Research Associates are earning from 219k to 689k.
These figures match the hard work required by each profession these responsible people are carrying forward.
City Wise Overview of the Salaries:
The geographical location affects the biotechnologist salary . If one wants to earn higher, they should also consider the city they are planning to settle down in.
CITIES | AVERAGE ANNUAL SALARY |
|---|---|
Hyderabad, Andhra Pradesh | 200k-1200k |
Bangalore, Karnataka | 220k-1100k |
Hyderabad, Andhra Pradesh | 200k-1200k |
As discussed above, the differences in the salary scale can be seen on city-wise bases, which proves that geographical demarcations play a grave role in the difference in salary.
Industry Wise Overview of Salary:
The geographical location affects the biotechnologist salary . If one wants to earn higher, they should also consider the city they are planning to settle down in.
The salary can also differ industry-wise. All of this suggests that there is so much planning and consideration required to select a field with the best qualities.
Given below is the industry-wise pay range.
- Research and development – 190K-1100K
- Vaccines - 180K-1100K
- Cardiology - 180K-1100K
- Academics - 160K-900K
- Pharmaceuticals - 190K-1100K
Company-wise overview of salary:
- PFIZER,INC - 400K - 850K
- GENENTECH, INC - 360K - 800K
- LIFE TECHNOLOGIES - 300K - 860K
- MERCK AND CO. - 320K - 690K
- NOVARTIS INSTITUTES - 360K - 900K
- BHARAT BIOTECH INTERNATIONAL - 300K - 600K
- BIOCON - 260K - 496K
- INDIAN IMMUNOLOGICALS LIMITED - 300K - 600K
- NUZIVEEDU SEEDS - 240K - 480K
- SERUM INSTITUTE OF INDIA - 360K - 780K
- PANACEA BIOTEC LTD. - 300K - 480K
- OCIMUM BIO SOLUTIONS LTD - 280K - 560K
Scope of Biotechnology in INDIA
Biotechnology has bloomed as a career option in India. The youngsters are pouring their vigor and zest into this field. In every home, you will see one or the other kid being enthusiastic about this field and channeling their energies into the invention of new growth regimes in agriculture, industry, and medicine by using different disciplines like genetics, biochemistry, and molecular biology.
India is a growing hub for biotechnology across the globe.
Thousands of people are venturing into this field of blooming science because of the wide scope it offers. More than 2000 biotech companies were set up in India on the last count, and more than 2500 start-ups were invested.
Our country is the world's third-largest producer of Hepatitis B vaccines. According to the figures, India’s biotechnology industry has been valued at 6300 crores, and it is expected to reach 15000 crores by 2025.
India has also opened the gates of FDI in this field completely to channel more resources toward this diverse world of molecules.
In May 2021, three pioneering biotech firms in India – Indian Immunologicals Ltd, Bharat Immunologicals, and Biologicals Corporation agreed with Bharat Biotech to develop vaccines within the domestic boundaries of INDIA.
Last year an immense amount of 1660 crore was also set aside in India's union budget for research and development in biotechnology.
Top Biotechnology Jobs In India for Freshers
Top BIOTECHNOLOGY Jobs in INDIA are:
BIOCHEMIST - Biochemist research how certain chemical reactions happen in cells and tissues and observe and record the effects of the product in food additives and medicines
MEDICINES - Medical biotechnology is a branch of medicine that uses living cells and cell materials to research and then produce pharmaceutical and diagnosing products.
MICROBIOLOGISTS - Microbiologists aim to answer many critical global questions by understanding microbes. They work in many places, from labs in universities, research institutes, and industrial companies, to investigating microbes in fieldwork.
PROCESS DEVELOPMENT SPECIALIST - They assess training needs through surveys, interviews with employees, or consultations with managers or instructors.
BIOPHARMA SALES REPRESENTATIVE - The Biopharma industry needs pharmaceutical sales representatives to educate medical professionals about the importance of medical products. These representatives inform pharmacists, nurses, and other medical professionals about the latest medical products.
- The R and D Scientist-R&D department is tasked with ensuring that products are manufactured within an appropriate time frame and meet specific quality and cost requirements.
Eligibility Criteria
- The minimum eligibility criteria for a candidate to pursue the course biotechnology is to obtain 55% marks in 12th standard in the subjects like physics, chemistry, and mathematics. The entrance exams conducted for B.Tech biotechnology are WBJEE, JEE Advanced, JEE Main, KCET, etc.
- The top colleges that offer biotechnology are NSUT, IIT DELHI, GGSIPU, Manav Rachna Institute, etc. The fees range from 100000 to 1050000 per annum.
- For postgraduates also, there are various opportunities in selected institutions. They get to work with the leading research institutions. Further, they are also provided with two-year programs to prepare our enthusiasts for frontier research and advanced research methodologies.
Two more prominent institutes, backed by the DEPARTMENT OF BIOTECHNOLOGY, provide a one-year MD/MS training in medical biotech. They cover fields like:
- Vaccines
- Gene therapy
- Immune-diagnostics
- Therapeutic hormones and enzymes
A leading university, SRM University offers B.TECH in Biotechnology, genetic engineering, and Bioinformatics. They also offer an M.Tech in Biotechnology and biomedical engineering.
Affordable and intelligent R&D partnering with Chinese and American corporate bodies also has a great scope in bringing out India’s biotech potential and co-developing tech; India has a global market worth $91 billion, so many global pharma companies are gazing toward India for their R&D initiatives.
Biotechnologist Salary In India
As the topic of discussion moves past, we come to the most vital part of its body, which is the overview of the salary earned by biotechnologists in India every month. As discussed earlier, biotechnologists earn based on their experience.
So, biotechnology salary per month is (97k to 150k per month), which is impressive for anyone trying to lead and afford the lifestyle they desire.
Payscale:
So here is the division of pay among different degrees of skill and experience.
Research scientists come first on the list, and their salaries range from 309k to 2m.
Data analysts, who again work in a blooming field, their salary ranges from 200k to 2m.
Again, the project manager who leads a cumbersome job earns 324k to 2m.
Senior Research Associates are earning from 219k to 689k.
These figures match the hard work required by each profession these responsible people are carrying forward.
City Wise Overview of the Salaries:
The geographical location affects the biotechnologist salary . If one wants to earn higher, they should also consider the city they are planning to settle down in.
CITIES | AVERAGE ANNUAL SALARY |
Hyderabad, Andhra Pradesh | 200k-1200k |
Bangalore, Karnataka | 220k-1100k |
Hyderabad, Andhra Pradesh | 200k-1200k |
As discussed above, the differences in the salary scale can be seen on city-wise bases, which proves that geographical demarcations play a grave role in the difference in salary.
Industry Wise Overview of Salary:
The salary can also differ industry-wise. All of this suggests that there is so much planning and consideration required to select a field with the best qualities.
Given below is the industry-wise pay range.
Research and development – 190K-1100K
Vaccines - 180K-1100K
Cardiology - 180K-1100K
Academics - 160K-900K
Pharmaceuticals - 190K-1100K
Company-wise overview of salary:
PFIZER,INC - 400K - 850K
GENENTECH, INC - 360K - 800K
LIFE TECHNOLOGIES - 300K - 860K
MERCK AND CO. - 320K - 690K
NOVARTIS INSTITUTES - 360K - 900K
BHARAT BIOTECH INTERNATIONAL - 300K - 600K
BIOCON - 260K - 496K
INDIAN IMMUNOLOGICALS LIMITED - 300K - 600K
NUZIVEEDU SEEDS - 240K - 480K
SERUM INSTITUTE OF INDIA - 360K - 780K
PANACEA BIOTEC LTD. - 300K - 480K
OCIMUM BIO SOLUTIONS LTD - 280K - 560K
Biotechnology Bonuses and Benefits
Bonuses and benefits are a great source of motivation for the employees to do better and give their best for the organization's benefit.
Here are a few benefits and bonuses offered by the biotechnology field:
Company offices are closed during the last week of the year to allow employees to spend some quality time with their near and dear ones at the time of the new year and rejuvenate to come back more energetically.
Medical and prescription insurance are also provided to help the employees feel secure.
Retirement is also planned so that they don’t have to rely on anyone in their old age.
Education assistance is provided for them and their children.
Dearness allowance to the battle time value of money.
House rent allowance is also provided.
The benefits to employees are significant in today’s world.
Job Prospects in Biotechnology
Many government institutes and organizations such as the Department Of Biotechnology (DBT), Agriculture, Dairy, and Horticulture Institutes may provide job opportunities to Biotechnology experts.
One can expect the Biotechnology salary per hour basis in the private sector.
A Biotechnologist may find jobs in various segments. Biotechnology jobs in INDIA can be found in the following fields:
Drug And Pharmaceutical research
Public Funded Laboratories
Chemicals
Environment chemicals
Waste management
Energy
Food processing
Bio-processing industries
Conclusion
Here we have provided a complete overview on the what is the salary of biotechnology in india , and this report is based on facts and figures proved by google.com.
It talks about the complete aspects of the pay scale, whether it is industry-wise or company-wise, which will be helpful for the readers to evaluate the different fields and select what is best for them.
I hope you liked our article on biotechnologist salary in India , if you have any comments or suggestions do share them in the comments below.
Frequently Asked Questions
Q1. How much do biotechnologists make in India?
The average salary for biotechnologists in India is around 4.9 lakh per annum for freshers at the entry level.
Q2. Do biotechnologists make good money in India?
Those employed as Biotechnology Researchers in the government sector can get a salary of Rs. 9000 Per Month along with government Bonuses and Benefits.
Q3. What is a Biotechnologist salary per month?
The average starting Salary for Biotechnologists in India is around ₹0.2 Lakh per year (₹1.7k per month). No prior experience is required to be a Biotechnologist.
Q4. What is the highest biotech salary in india?
At present, there are 12 leading companies with the highest employment rate and salary grades in India. The average annual salary by the leading biotech companies ranges from Rs. 2,29,238 to Rs. 8,28,746 per year.