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Pharma industry as a global destination
Pharma industry as a global destination
With the advantage of low production cost, trained manpower and increasing demand of low priced quality drugs, the Indian pharmaceutical sector has come up as a favorite destination for investment among the developing countries. With the growth of popular interest in herbal medicine, the drug manufacturers see a big opportunity in developing and producing formulations most of them prescribed in the Indian systems of medicine, which is largely herbal based.
With the advantage of low production cost, trained manpower and increasing demand of low priced quality drugs, the Indian pharmaceutical sector has come up as a favorite destination for investment among the developing countries. With the growth of popular interest in herbal medicine, the drug manufacturers see a big opportunity in developing and producing formulations most of them prescribed in the Indian systems of medicine, which is largely herbal based.