The study has been conducted to make you aware about the resistance held by Indian pharmaceutical industries, inspire of economy breakdown in all other industries, because India has strong domestic pharmaceutical industry and a rapidly expanding market with a population of over a billion. Indian pharmaceutical industry today is in the front rank of Indian science based industry with wide ranging capability in the complex field of drug manufacturing and technology. in spite of global breakdown. Pharmaceutical industries a still able to resist the recession.indian pharmaceutical industry growing at about 8-9 %annually India's top 10 pharmaceutical company have reported a record of 24.57% growth in their net profit during 2007-2008.the growth of domestic pharma industry is largely dependent on its therapeutic presents. India has the highest no. of USFDA approved mfg facility outside the us. Therefore it is in a good position to manufacture bulk drug and export to regulated markets in the coming years. Leader of the largest global pharmaceutical companiies recognized the need for transformational change in their organization, but will need to move swiftly to insure sustained growth.
Indian Pharmaceutical Industry: Cracking the Code