Biotechnology is the use of living systems and organisms to develop or make products, or "any technological application that uses biological systems, living organisms or derivatives thereof, to make or modify products or processes for specific use”.
The wide concept of "biotech" or "biotechnology" encompasses a wide range of procedures for modifying living organisms according to human purposes, going back to domestication of animals, cultivation of plants, and "improvements" to these through breeding programs that employ artificial selection and hybridization.
Modern usage also includes genetic engineering as well as cell and tissue culture technologies. One application of biotechnology is the directed use of organisms for the manufacture of organic products (examples include beer and milk products). Another example is using naturally present bacteria by the mining industry in bioleaching.
Biotechnology is also used to recycle, treat waste, clean up sites contaminated by industrial activities (bioremediation), and also to produce biological weapons.
Rajiv Gandhi Centre for Biotechnology, National Centre for Plant Genome Research, TCS, SUN Pharmaceuticals, Ranbaxy, Cipla, Wipro, Infosys, CTS, Accenture, Mind Tree, etc. You can get a minimum salary package of 9-10 Lakh annually.