With India rapidly developing into a global hub for the biotech industry, stem cell research has attained a lot of significance in recent years. India is one of the leaders in stem cell research on a worldwide basis. Stem cell therapy is also a part of the overall process of development of regenerative medicines that includes tissue engineering, nanoscience and bio-engineering for cell and tissue repair. Although still at a nascent stage of growth, stem cell therapy is being increasingly applied through clinical trials against a range of human physical disorders such as cardiac, respiratory, neural, gastro-intestinal and several other forms of diseases. However, the country has a very limited number of players engaged in stem cell research and therapy and mergers and consolidations, along with the entry of multinational companies, would certainly take this industry a long way forward. At the same time, the government has extended a lot of support in the form of incentives and setting up of research institutes, all of which have added to the advantages of stem cell research and therapy within the country. Hide this