Pharmaceuticals Industry

The Indian Pharmaceuticals Industry today is in the front rank of India’s science-based industries with wide ranging capabilities in the complex field of drug manufacture and technology. A highly organized sector, the Indian Pharma Industry is estimated to be worth $ 4.5 billion, growing at about 8 to 9 percent annually. It ranks very high in the third world, in terms of technology, quality and range of medicines manufactured. From simple headache pills to sophisticated antibiotics and complex cardiac compounds, almost every type of medicine is now made indigenously.

Playing a key role in promoting and sustaining development in the vital field of medicines, Indian Pharma Industry boasts of quality producers and many units approved by regulatory authorities in USA and UK. International companies associated with this sector have stimulated, assisted and spearheaded this dynamic development in the past 61 years and helped to put India on the Pharmaceuticals map of the World.

Advantages in India

Competent workforce : India has a pool of personnel with high managerial and technical competence as also skilled workforce.

Cost-effective chemical synthesis : It provides a wide variety of bulk drugs and exports sophisticated bulk drugs at reasonable rates with quality.

Legal & Financial Framework : India has a 61 year old democracy and hence has a solid legal framework and strong financial markets. There is already an established international industry and business community.

Information & Technology : It has a good network of world-class educational institutions and established strengths in Information Technology.