Serum Institute of India was the top biotech company in India in 2006 based on revenue, generating Rs 950.95 crore, followed by Biocon and Panacea Biotech. The top three companies saw revenue growth between 20-40% from 2005 to 2006. Monsanto Biotech had the highest growth of 140.62% but had the fourth highest overall revenue.

1. Top Ten Biotech Companies in India
Rank Company Revenue (Rs Revenue (Rs Growth (%)
crore) crore)
2006 2005
1. Serum Institute of India 950.95 703.00 35.27
2. Biocon 728.00 603.00 20.73
3. Panacea Biotech 600.00 437.82 37.04
4. Monsanto Biotech 391.25 162.5 140.62
5. Rasi Seeds 309.49 86.87 256.27
6. Venkateshwara Hatcheries 190.5 188 1.95
7. Novo Nordisk 222.00 175.00 26.86
8. Tulip 165.00 132.00 25
9. Indian Immunologicals 157.90 100.00 57.90
10. TransAsia Biomedics 151.37 127.00 19.19
Shipping / Marine
India's 501-1000
Chowgule Steamships
ABG Infralogistics Ltd Bharati Shipyard Ltd
Ltd
Dolphin Offshore Garware Offshore Western India
Enterprises India Ltd Services Ltd Shipyard Ltd