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The impact of the biotechnology related developments in agriculture, health care, environment and industry, has already been visible and the efforts are now culminating into products and processes within India. More than 5000 research publications, 4000 post-doctoral students, several technologies transferred to industries and patents filed including US patents, can be considered as a modest beginning for the Indian biotechnology industry. In India, more than a decade of concerted effort in research and development in identified areas of modern biology and biotechnology has given rich dividends. The proven technologies at the laboratory level have been scaled up and demonstrated in field. Patenting of innovations, technology transfer to industries and close interaction with them have given a new direction to biotechnology research.