Indian Pharma shoots $ 130 bn market capitalization by 2030

India is one of the fastest developing countries and it holds the promise of an improved lifestyle for its people in the future. The pharmaceutical industry of India is among the world's leading manufacturers of crucial medicines. Some of the drugs being produced by Indian Pharmaceuticals are being used in the treatment of cancer, HIV/AIDS, depression, arthritis, Crohn's disease, etc. These medicines are not only being developed to treat diseases but are also being introduced for prevention or better lifestyle. India has an army of

who is taking care of the entire business aspects of Pharmaceutical plants? It's their responsibility to work out the latest new features in these medicines which can be helpful in increasing the sales and revenue of the drug manufacturing industries in India.

The pharmaceutical industry of India is at par with the high standards of all other pharmaceutical industries. Indian pharmaceutical industries are striving hard to implement new technologies in their research units and are making huge investments in equipment and drug-producing plants to improve production capacity and quality. This effort is yielding positive results as new and improved products are being manufactured by these plants. The new and emerging pharmaceutical products are the ones responsible for the remarkable improvement in the lifestyle of people suffering from various diseases. All this is happening due to the intense focus on the quality of life and saving money.

Lifestyle improvements have occurred in all parts of the world but it is notable in developing countries like India. Due to healthy living and better diets, more people in this country are able to lead a healthy life. With the advent of medical tourism, people have started visiting foreign countries for medical treatments and other surgeries. This trend is having a positive effect on the country's economy.

Another important factor in the success of the Indian pharmaceutical industry is that only a fraction of the drug manufacturing processes are used in developing countries. Instead, all the essential drugs are produced inside the country. Hence, the drugs get access to the market at a very low price, and that too without any localization or exporters. This is another contributing factor towards the growth of the industry.

The pharmaceutical engineers and pharma consultants are well trained in various fields and are extensively involved in drug research and development. They can apply their knowledge in various sectors like biotechnology, nutrition, agriculture, etc. Pharmaceutical graduates can also go for MNCs or large companies. These companies are ready to invest millions in the research and development of medicines so as to stay ahead of competitors in the field of medicines.

There are several multinational pharmaceutical companies in India like Ranbaxy Aventis Limited, Teva Pharmaceuticals, Cellex, etc. These companies are mainly engaged in the manufacturing of vaccines, antibiotics, anti-allergens, hormonal drugs, blood flow devices, nutrition supplements, and metabolic chemicals. In addition, there are several small and medium-sized pharmaceutical manufacturing industries that have started exploring the export business. A notable pharmaceutical group from India is Cubavale which is popularly known for its cardiovascular products.

Pharmaceutical graduates also need to keep themselves abreast with all the latest advancements in the world of medicines. They should constantly update themselves about new technologies. This is a vital part of their career development. For this, they should know about the new tools and technologies that are used in the process of drug manufacturing and development.

There is no dearth of pharmaceutical engineers in India who are willing to work in the field of drug discovery and are well equipped with the knowledge and skills. With their cross-functional skills, these graduates are in a great position to capitalize on the growth in drug manufacturing.Hence, the Indian pharmaceutical industry is destined to expand its hands within the next few years and will emerge as one of the major exporters of essential medicines worldwide. It is time for pharmaceutical graduates all over the world to join hands and help to push the growth of the Indian market.

SolutionBuggy, India's biggest pharma consulting firm having more than 550+ in its network. SB is aiming to help all the plant, organizations for better development in the pharma sector across the globe.