It is estimated that by 2018 the drugs and pharmaceuticals industry in India will touch a turnover of Rs 2.91 trillion. One third of this market is dominated by top 10 companies.
With companies making deep penetrations into smaller towns and rural markets, the local market size is also expected to grow significantly. Increases in health awareness amongst the general population is also contributing to its growth. This, added with its products being exported to over 200 countries, makes it a significant contributor to the growing economy of a country.