Devanssh Mehta
The Indian pharmaceutical industry has emerged as a global powerhouse, contributing significantly to the healthcare needs of both domestic and international markets. This book provides a comprehensive exploration of the Indian pharmaceutical landscape, tracing its historical evolution, regulatory frameworks, market dynamics, key industry players, challenges, and future growth prospects. Through a meticulously researched narrative, the book offers an in-depth understanding of how India has positioned itself as the 'Pharmacy of the World,' supplying affordable and high-quality medicines across the globe. The journey of the Indian pharmaceutical sector is examined from its early beginnings during the pre-independence era, when it was heavily reliant on foreign imports, to its rapid expansion following economic liberalization and policy reforms. The book delves into landmark policy interventions, including the Patents Act of 1970, the rise of public sector pharmaceutical companies, and the subsequent dominance of private players that transformed India into a leading producer of generic medicines.
