The Indian Pharma industry is aspiring to touch $130 billion by 2030, according to the Indian Pharmaceutical Alliance (IPA). With a 70 percent market share, generic drugs form the largest segment of the Indian Pharma sector. Over-The-Counter (OTC) medicines constitute about 21 percent of the market, while patented drugs constitute nine percent of the market. India is the world's largest supplier of generics, accounting for 20 percent of the global exports. Moreover, India is the world's third-largest manufacturer of drugs by volume and the largest exporter of formulations. The industry is heavily-regulated with complex policies to ensure the quality, safety, and efficacy of the drugs.
The Pharma industry is predicted to grow substantially in the decades ahead. Major innovations and technical advancement in the sector will continue to drive the magnitude and growth of the sector. Continuous Research & Developments are going on in this sector, as the population around the world are subjected to outbreak of new microbes and new diseases every now and then. Research is also going on, to find remedies to cure many deadly diseases completely. All these will enhance the growth of the sector in coming years.
The Pharmaceutical industry stands as one of the top five industries in the global economy in terms of the total value, which is approximating $1.4 trillion. As of now, the growth of the pharmaceutical industry...
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 | Cheryl Laboratories | Collaborates with eminent scientists and exceptionalengineers to transform ideas into reality by redefiningpossibilities using modern, efficient ingredients andproven innovative technologies |
 | Eurofins Pharma Services | One of the global independent market leaders in testing and laboratory services for genomics, discovery pharmacology, forensics, advanced material sciences and for supporting clinical studies |
 | Ind Swift Laboratories | They have firm expertise in active pharmaceutical ingredient, contract research and manufacturing services, impurities, pharmaceuticals, generic formulations and more |
 | Meteoric Biopharmaceuticals | Provides 100+ products across enzymes & enzymatic preparations, probiotics, nutraceuticals and animalhealthcare |
 | Sami Sabinsa Group | A researched-oriented multinational health science company and a leading producer of nutraceutical, cosmeceuticals, standardized herbal extracts, fine chemical, sociality chemical, and probiotics |
 | Shodhana Laboratories | Well-equipped R&D center with strong and dynamicteams that are comprised of qualified and experiencedscientists, who work round the clock on processdevelopments, new product development as well ascustom chemical synthesis |
 | Shree Venkatesh International | An ISO 9001:2008 certified company dealing in alltypes of exports of generic medicines, pharmaceuticalformulations, and bulk drugs |
 | Spansules Pharmatech | Pioneer pharmaceutical pellets manufacturing company, offering a diverse range of products with the highest quality requirements |
 | Ultra Laboratories | Leading company in the CIS countries exporting dry powder injectable small volume injectable, large volume injectable tablets, capsules & Liquid orals |
 | XL Laboratories | Aims quality excellence with an emphasis on high quality services, which has already been achieved in all different sections of the company and pharmaceutical products deployed in more than 28 countries worldwide |
