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Bulk Drug Industry is the backbone of the self-reliant Pharmaceutical industry in India, playing a significant role in improving the health standards of the people.
Pharmaceutical manufacturers consisting of Formulations and Bulk Drugs and drug intermediates in large, medium and small scale sectors in the country employ man power of above 45 lakhs both directly and indirectly.
The capital investment in the pharma industry is about Rs.35,000 crores. Today 90% of the domestic bulk drugs requirement is met by the Indian industry, itself. The Bulk Drug industry contributed about Rs. 48,000 Crores worth of exports, during the year 2010-2011 which is growing by over 15%-20% every year. Over 45% of the world’s bulk drug requirement is met by India.
The growth and achievement of the Indian Drug Industry during the last five decades has been phenomenal and has been rated as one of the highest among the developing countries.
From a mere processing industry to begin with, India's bulk drug and pharmaceutical industry today has grown into a highly sophisticated one, meeting the International standards of Production, Technology and Quality Control.
The progress of the Drug industry has not only rendered the country self-sufficient in National Health Care, but also played a role in reversing the trend of Indian foreign trade profile from a predominantly importing country to a highly visible exporter to global marketing.
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