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Corporatisation has been widespread throughout the international industry and is finally taking place in India, too. Foreign pharmaceutical industries are finally finding big opportunities in India. The remainder is sold domestically. Growth of the pharmaceutical sector is also boosted by the government allowing wholly-owned direct investment in the industry by foreign corporations.
The country has a skilled and trained workforce, that is well-educated and widely conversant in English. Nearly every kind of medication is now produced within the domestic Indian pharmaceutical industry.
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The Indian Pharmaceutical Industry is made up of predominantly small-scale manufacturers, of which there are in excess of 20, The industry plays its part in sustainable development through the production of critical drugs and medication, the quality of much of it being recognized and passed for use by the standards-setting agencies of America and Britain.
The Pharmaceutical Industry, with its rich scientific talents and research capabilities, supported by Intellectual Property Protection regime is well set to take on the international market.