Life science R&D infrastructure is increasing in India

1.Life science R_D infrastructure is increasing in India

According to property consultant Savills India, the demand for real estate for research and development (R&D) in the life sciences sector is expected to be over USD 21 billion over the next decade.

As a result, the life sciences research and development real estate universe has the potential to attract USD 18 billion (INR 1,350 billion) in private equity institutional investment over the same time period.

According to the report, India’s bio sciences sector is expected to increase due to a number of favorable factors. The current geopolitical environment and regulatory regime, India’s rich demographic dividend, which translates to a large skilled workforce, cost efficiencies in terms of lower manpower and rental costs, and the growing attractiveness of venture capital funding companies, are among these structural changes.

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