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Introduction
● The Role and significance of http://www.tatvachintan.com/ in India's
GDP is immense. The contribution of this sector towards building
GDP of the country is phenomenal. During the last decade, this
industry has boomed and touched new heights.
● Pharmaceutical Industry has boomed in India due to the various
reasons like clinical research, research and development related
to various vaccines, etc.
● Various multinational pharmaceutical corporations are outsourcing
their research and development activities to India, giving this industry
a rise like never before.
History of Pharmaceutical Industry
●
One of the largest pharmaceutical industry in the world. Ranks 3rd
worldwide in volume.
● An estimated worth of pharmaceutical industry is around US$ 6
billion
● A major chunk of domestic demand i.e. around 70% is supplied by
the local http://www.tatvachintan.com/
● Around 20%-25% of the global generic drugs is produced by
Indian Pharmaceutical Industry.
Future of Pharmaceutical Industry
● If it grows as per current growth rate, Indian Pharmaceutical
Industry is expected to become a US$ 20 billion industry by the
end of 2015.
● It is also expected that the Indian Pharmaceutical sector is going
to be amongst the top 10 Pharma based markets in the next 10
years.
● Indian Pharma Industry would contribute to a total sale volume of
US$ 43 billion in the coming decade.
● FDI has been facilitated in this sector due to the engagement of
various multinational pharma companies.
Benefits of Pharmaceutical Industry
● The cost of labor, inventory is much lower in India as compared to
any other part of the world.
● The multinational pharma companies can actually save upto 30%-
50% by investing in research and development in India.
● A rough estimate says that the cost of hiring a research chemist in
India is five times cheaper than his American counterpart.
● Performing a clinical trial in India is one tenth of the cost incurred
in US.
● We combine economic success, social responsibility and
environmental protection. Through science and innovation, we
support our customers in nearly every industry in meeting the
current and future needs of society.
● TATVA CHINTAN aims to strengthen its position as one of the
world’s leading specialty chemical company.
● TATVA CHINTAN’s products contribute to conserving resources
and improving quality of life. Sustainability and innovation will be
significant driving forces.
Who we are
Tatvachintan Pvt Ltd
502/17, G.I.D.C,
Ankleshwar 393 002, India
+91-2646-253593 / 238991
shekhar@tatvachintan.com

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Importance of Pharmaceutical industry in india

  • 1.
  • 2. Introduction ● The Role and significance of http://www.tatvachintan.com/ in India's GDP is immense. The contribution of this sector towards building GDP of the country is phenomenal. During the last decade, this industry has boomed and touched new heights. ● Pharmaceutical Industry has boomed in India due to the various reasons like clinical research, research and development related to various vaccines, etc. ● Various multinational pharmaceutical corporations are outsourcing their research and development activities to India, giving this industry a rise like never before.
  • 3. History of Pharmaceutical Industry ● One of the largest pharmaceutical industry in the world. Ranks 3rd worldwide in volume. ● An estimated worth of pharmaceutical industry is around US$ 6 billion ● A major chunk of domestic demand i.e. around 70% is supplied by the local http://www.tatvachintan.com/ ● Around 20%-25% of the global generic drugs is produced by Indian Pharmaceutical Industry.
  • 4. Future of Pharmaceutical Industry ● If it grows as per current growth rate, Indian Pharmaceutical Industry is expected to become a US$ 20 billion industry by the end of 2015. ● It is also expected that the Indian Pharmaceutical sector is going to be amongst the top 10 Pharma based markets in the next 10 years. ● Indian Pharma Industry would contribute to a total sale volume of US$ 43 billion in the coming decade. ● FDI has been facilitated in this sector due to the engagement of various multinational pharma companies.
  • 5. Benefits of Pharmaceutical Industry ● The cost of labor, inventory is much lower in India as compared to any other part of the world. ● The multinational pharma companies can actually save upto 30%- 50% by investing in research and development in India. ● A rough estimate says that the cost of hiring a research chemist in India is five times cheaper than his American counterpart. ● Performing a clinical trial in India is one tenth of the cost incurred in US.
  • 6. ● We combine economic success, social responsibility and environmental protection. Through science and innovation, we support our customers in nearly every industry in meeting the current and future needs of society. ● TATVA CHINTAN aims to strengthen its position as one of the world’s leading specialty chemical company. ● TATVA CHINTAN’s products contribute to conserving resources and improving quality of life. Sustainability and innovation will be significant driving forces. Who we are
  • 7. Tatvachintan Pvt Ltd 502/17, G.I.D.C, Ankleshwar 393 002, India +91-2646-253593 / 238991 shekhar@tatvachintan.com