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Interesting Facts about Pharmaceutical industry
Interesting Facts about Pharmaceutical industry
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In today’s world, people live longer, healthier and more active due to medical progress and pharmaceutical research and development. The varied functions such as contract research and manufacturing, clinical research and development pertaining to vaccines are the strength of the Pharma industry in India. Here mentioned are the few interesting facts about Pharma Industry in India.
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Fact #1: The Pharmaceutical Industry in India is one of the largest in the world. It ranks 4th in the world, pertaining to the volume of sales.
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Fact #2: The estimated worth of the Indian Pharmaceutical Industry is US$ 6 billion The growth rate of the industry is 13% per year
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Fact #3: Almost most 70% of the domestic demand for bulk drugs is catered by the Indian Pharma Industry The Pharma Industry in India produces around 20% to 24% of the global generic drugs
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Fact #4: The Indian Pharma sector leads the science-based industries in the country. The pharmaceutical sector has the capacity and technology pertaining to complex drug manufacturing
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Fact #5: Around 40% of the total pharmaceutical produce is exported
55% of the total exports constitute of formulations and the other 45% comprises of bulk drugs
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Welcome to Ganesh Group – Leading Pharmaceutical Intermediates Manufacturer in India The Ganesh Group was incorporated with the aim to manufacture, supply and export best quality pharmaceutical intermediates and bulk drugs to cater for the needs of pharmaceutical companies for research and development purpose. For More Details, Visit
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