Sudhakar Singh, Managing Editor
The consulting market with an emphasis on the GxP (Good Practice) for the pharmaceutical industry in India is currently rapidly developing due to several factors. This pressure has been due to the fact that regulatory demands both in the domestic and international markets have become more demanding leading to the need for pharma majors to seek help from specialized consultants. With the growth of the pharmaceutical industry in India the need for GxP consultation such as GMP, GLP and GCP is growing at a remarkable rate. This calls for detailed GxP consulting to ensure the organizations understand the complex regulations needed for compliance and address them effectively. Technology is also contributing immensely to the growth of this market. Pharmaceutical operations have embraced digital tools, data analytics, and automation, and to implement them under GxP, professionals’ help is needed. Thus, consultants play an important role in implementing these technologies while following regulatory standards to increase the efficiency of companies’ operations and the quality of their products.
Further, the increasing focus of the Contract Research and Manufacturing Services (CRAMS) sector in India has also escalated the requirement for GxP consulting. The Indian pharma market is growing rapidly and many multinational pharma majors are outsourcing their research and manufacturing activities to Indian players, which warrants assurance that the operations are global standard compliant. GxP consultants are able to provide this assurance through the offering of compliance solutions and audits specific to the client’s needs. The emphasis on quality assurance and risk management is the next major factor that has been observed to drive the GxP consulting market.
Keeping tabs on this market, India Pharma Outlook has shortlisted the select few companies from this sector that have exhibited an unrelenting pursuit of excellence. By proving their dedication to fulfilling customer expectations and contributing to the market’s evolution through their innovative disposition, these firms are blazing a trail.
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