Manufacturing functionalized APIs
Active Pharma Ingredients (APIs) are the raw materials that go into manufacturing medicines. APIs are those ingredients that facilitate the intended health effects of the medicine. Many leading companies that manufacture specialized APIs are renounced for their immense contribution to alleviating the Indian healthcare system. Thus, The Indian pharmaceutical industry has earned its reputation worldwide for manufacturing over 500 different APIs.
Science behind pharmaceuticals
The Indian pharma industry is one of the biggest science-based industries in our nation. The country contributes through a large pool of scientists and engineers with the potential to help regulate the needs of the pharma industry to reach its heights. Thus, our special expertized engineers in the medical field fulfill the requirement of technology to meet the technological demands for innovation in the research centers to develop novel formulas.
The third largest market by volume
India is expanding at a great surprise by providing a wide variety of generic drugs worldwide. This is due to the pace of rising and thriving people in this industry which is growing at a CAGR (compound annual growth rate) of 9.43% for the past nine years. India has become a great supplier of over 50% of the global demand for various vaccines, 40% of generic demand in the US, and 25% of all medicine in the UK. This has made India one of the greatest suppliers of pharmaceuticals in the world.
