India Brand Equity Foundation quotes India as one of the fastest growing pharmaceuticals market in the world and India has established itself as a global manufacturing and research hub. A large raw material base and the availability of a skilled workforce give the industry a definite competitive advantage.
- Indian pharmaceuticals industry is expected to touch US $100 billion by 2025.
- India ranks third in terms of volume of production and eleventh by values.
- Indian Pharma sales rate is growing at rate of 14.4%.
- India exports to more than 200 countries.
Thus, from the above data it is seen that India is profitable venue to manufacture pharmaceutical products and Pharma export market in India is very potential for the buyers for processing their required pharmaceutical formulation in all available dosage forms.
Resonacle has achieved remarkable success in exporting Pharma products in various countries. We are looking forward to make such tie ups where we are still not present.