The document provides an overview of the Indian pharmaceutical industry. It discusses the history and development of the industry from its origins in the early 20th century to the present day. Key events included the 1970 Patent Act which reduced costs by allowing reverse engineering of drugs. This strengthened the position of local companies against multinational corporations. The industry is now a $5 billion industry growing at 8-9% annually. It produces both bulk drugs and formulations and has established facilities for various dosage forms. The industry is transitioning as product patents come into effect in 2005.
8. Competent workforce : India has a pool of personnel with high management and technical competence as also skilled workforce .It has an educated workforce & English is commonly used Professional service are easily available
9. Cost-effective chemical synthesis: Its track record of development particularly in the area of improvement cost-beneficial chemical synthesis for various drug molecules is excellent .It provides a wide variety of bulk drugs and exports sophisticated bulk drugs.
10. Legal & financial Framework: India has a 58 years old democracy and hence has a solid legal framework and strong financial markets. There is already am established international industry and business community.
11. Information & Technology: It has a good network of world-class education institutions and established strength in information Technology.
12. Globalization: The country is committed to a free market economy and globalization .Above all; it has a 70 million middle class market which is continuously growing.
17. Today, it is at the top end of India’s science-based industries with wide ranging capabilities in the complex field of drug manufacture and technology .The contribution of the pharmaceutical industry toward a nation’s growth cannot be undetermined.
18. The pharma industry in India is one of the largest and most advanced among the developing countries.
19. Today it is in the front of the rank of India’s science-based industries with wide ranging capabilities in the complex field of drug mfg & technology
20. The Indian pharma industry is highly fragmented, but has grown rapidly due to the friendly patent regime and low cost manufacturing structure.
21. Globally, the output of Indian pharmaceutical industry ranks in 4th in the terms of volume & 13th in terms of value.
22. India accounts for 6% of all bulk drugs exports. There are about 250 large/medium units and about 8000 small scale units in operations. Which core form core of the industry. There are about 350 bulk drugs i.e. active pharmaceutical molecule having therapeutic value and used for production of pharmaceuticals. Which account for majority of formulations produced in the country.
23. During the year ending March 1998, pharmaceutical companies for various bulk drugs, formulations and intermediates filed 256 IEMs. These IEMs are expected to generate employment for about 19000 people and there would be an investment of Rs. 4.1 billion on these projects. During the same period foreign investment proposal worth approx, Rs 1.6 billion was approved.
24. The growth in the Indian pharmaceuticals: Industry at around 15% p.a. compare well with the industry’s growth of 14% pa in North American Region. India is ranked 5th in the world and accounts for 8% of the world production of drugs and pharmaceuticals by volume
25. Globally the output of Indian pharma industry ranked 4th in terms of volume and 13th in term of value
26. In FY-02 the domestic Indian pharma market was valued at $4.5bn representation 1.6%of the global market and is growing at an annual rate of 8 to 9 %
27. The industry produces about 60,000 finished medicines and roughly 400 bulk drugs, which are used in formulations.
28. At the end of FY-01 the Indian pharmaceutical industry had over 23000 units although this number cannot be authenticated. Around 260 players constituted the organized sector while 6000-8000 players existed in the small scale sector.
29. The industry is highly fragmented with the largest formulation players having a market share of less than 6%.
30. The top ten players account for 36% of the formulation market in contrast with the global scenario where the top ten players account for 49% of the pharmaceutical market.
31. In FY-01,the total output of the Indian pharmaceutical industry was Rs229bn,which grew by 16% yoy, in FY-02 it was above Rs 260bn, of which bulk drugs accounted for Rs.54bn(21%) and formulations Rs 210bn(79%).
32. The demand for industry is mainly from urban areas (74%)
34. The industry grew at 2.6% yoy during Oct 2002 and 9% during Jan to Oct 2002.
35. In FY-03 the industry would have grown by 10-15% increase in sales, production & exports, despite adverse global conditions.
36. The odd 400 bulk drugs make up 20% of total drug production. During FY91-FY01, the production of bulk drugs increased at a compounded annual growth rate (CAGR) of 20%.
37. On the other hand, formulations which are the end product of the medicine manufacturing process had a CAGR of 17% during FY-91 – FY-01.most of the domestic demand for formulations is met by the domestic industry.
45. Low Mfg.Cost Base:- The cost of manufacturing is lower in India due to labor costs and lower equipment cost.
46. High Process development skills:- Specialization of the companies by reverse engineering enables them to develop cost effective & non-infringing process for product going generic. India has a history of developing such processes due to the prevalence if process patents.
47. Business Environment:- The govt has recently allowed 100% FDI in drugs & pharma companies. This is expected to open floodgates of contract research work in the country.
48. Innovative Scientific manpower & competent workforce:- India has a pool of personnel with high managerial and technical competence as also skilled workforce. It has an educated work force & English is commonly used. Professional services are easily available.
49.
50. Access to these markets with generic (Patent Expired or none patented) products.
66. ____________________What are your average consumption / sales for Asthma drugs per month?<br />Services:<br />Scale<br />= never<br />= sometimes<br />= often<br />= always.<br /> Never /sometimes/often/always<br />The sales staffs are always friendly and well mannered.<br />I feel valued and important.<br />The staffs are patient and treat me with respect.<br />The staffs are interested and attentive.<br />My wishes and expectations are taken into consideration.<br />The Staff have a problem solving mentality<br />The Staff that I need are easy to contact.<br />Whenever someone is unavailable it is clearly indicated when they will next be available.<br />The telephone is answered within three rings<br />The communications are transparent short and specific.<br />Questions are answered quickly.<br />Complaints are thoroughly analysed and quickly resolved.<br />Staffs ask questions before suggesting a solution.<br />The Staff are apologetic about complaints and mistakes.<br />The price list is very clear.<br />The monthly special offers are original.<br />The monthly special offers are a good reason for placing an order.<br />The fax special offers and general special offers are a good reason for placing an order.<br />Documents and quotations were provided within the agreed time frame.<br />My order was taken in a correct manner.<br />Once placed orders were handled with care until there delivery.<br />Products were in stock<br />When products were out of stock I was correctly informed as to when they would be back in stock.<br />There was sufficient effort made in reaching delivery dates.<br />When deliveries were delayed I was immediately informed.<br />The delivery service is friendly and competent.<br />The orders are delivered with care.<br />The delivered orders were complete.<br />The invoices corresponded correctly with the products delivered.<br />I am satisfied with<br />The priceyes no<br />The service providedyesno<br />The monthly special offersyesno<br />The fax and general special offersyesno<br />The contents of the price listyesno<br />The frequency of the price listyesno<br />The breadth of the selectionyesno<br />The depth of the selectionyesno<br />The Companies staffyesno<br />The approach of the organisationyesno<br />The involvement of the organisation<br />And its staff.Yesno<br />The Delivery serviceyesno<br />My satisfaction will ensure repeat ordersyesno<br />I would like to be visited by an Account <br />Manageryesno<br />Payment after sometime delivery (credit) yesno<br />1, what are the positive aspects of the Company when compared to another company providing the same products and services?<br />2,what are the negative aspects of the Company when compared to another company providing the same products and services?<br />3,in which ways does the Company satisfy your needs and wishes at this moment?<br />4, in which ways does the Company fail to satisfy your needs and wishes at this moment?<br />5,in your opinion what changes need to be made with in the company to satisfy your needs and wishes?<br />6,what, if any products are missing from the range?<br />7,what is your opinion of the delivery terms and conditions?<br />8,how would you describe the Company’s image?<br />9,if you had to give the Company a report grade, what would you give?<br />12345678910.<br />If you have any further comments or responses please feel free to share them here.<br />Further information (not compulsory)<br />Company<br />Name<br />Address<br />Postcode<br />City<br />Telephone number<br />Fax number <br />E mail address.<br />