This document summarizes the Indian pharmaceutical industry. It discusses the evolution and growth of the industry from the 1970s to present. It notes that India has the 3rd largest pharmaceutical industry by volume and is among the top 5 pharmaceutical markets globally. The document outlines the functions of pharmaceutical companies and factors driving the industry's growth. It also lists the top 10 pharmaceutical companies in India by sales and initiatives by the Indian government to support the industry. In conclusion, it discusses challenges and future growth opportunities for the Indian pharmaceutical sector.