The Indian Pharmaceutical Industry is capable to meet the country's demand for every drug. The manufaturing units within the country are meeting about 80% of the country's drug requirements. The drug production sector is equipped with technology and researched knowledge base. The industry produces drugs worth rupees 18000 crores and is growing at 9 per cent every year. It offers quality products with internationally accepted quality standards. There are about 20,000 production units in India with products sold at competitive lower prices than international drug prices.
India has various competitive advantages in Pharma production over western world. It has a large pool of educated manpower with technical and managerial skills.
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