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Indian Pharmaceutical Industry

The Indian Pharmaceutical Industry has made tremendous progress. The industry manufactures almost 90 to 95% of drugs needed for he country. The progress has been in various sectors of Bulk Drugs, Intermediary chemicals and Pharmaceutical Formulations. The Indian Pharmaceutical Industry can be proud of its superior scientific manpower and cost effective method of production, including process development.

The industry's estimated worth is more than us $ 6.00 billion (2004) and growing about 8-9% annually. There are more than20,000 registered manufacturing units and 250 leading Pharmaceutical houses.

The country today can boast of US FDA approved, and UK regulatory authorities approved units for manufacturing. The Indian Pharmaceutical Industry has made rapid progress in recent times in Biotechnology and Information Technology.

The Pharmaceutical Industry's progress has helped the life expectancy to increase and infant mortality rate to come down. Some of the cost effective drugs manufactured in the country to treat immune suppressive diseases like AIDS have won global appreciation and are allowed to be exporte

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