The Indian pharmaceutical industry is a success story providing employments for millions and ensuring that necessary drugs are accessible by the needy.
This industry has grown significantly and is expected to show double digit in 2011. It ranks very high in the third world, in terms of technology, quality and range of drugs. It is today in the front rank of India’s science based industries with wide ranging capabilities in the complex field of drug manufacture and technology.
Another factor for this well development of this industry is also the international companies associated with this sector that have stimulated, assisted and spearheaded this dynamic development.
Technologically strong and totally self reliant, this sector in India has low costs of production, innovative scientific manpower, low R&D costs, and an increasing balance of trade. With its scientific talents and research capabilities, supported by intellectual property protection regime is well set to take on the international market.
And all the above factors lead to an undying and increasing demand of job opportunities in this sector.
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