Pharmaceutical Industry
- In India there are about 20,000 manufacturing units, manufacturing about 70,000 brands of pharmaceutical products.
- Indian pharma market has grown to about Rs. 45000 crores per annum.
- India produces 10% of the drugs manufactured in the world and is 3rd largest manufacturer in global market.
- It exports drugs to 200 countries and is 17th leading country in export of drugs.
- India is 2nd largest country in export of herbal drugs in the world.
- 40% of world bulk drugs requirements are met by India.
- Indian pharma industries employ over 40 lakhs people directly or indirectly.
