Presrnted by: Shivani Sanjeev Sonal Shweta Vijay suhail

Introduction of pharmaceutical industry

The Indian pharmaceutical industry ranks among the the top 5 countries by volume {production} and accounts for about 10% of global production. This sector is highly fragmented with more than 20000 registered units. In current scenario this sector is expected to grow at 19% in 2013 .

Government has also played a vital role in the development of this sector

GROWTH OF IMPORT

year 2007-08 2008-09 2009-10 2010-11*

Value of import of medicines and products 67.34 86.49 99.59 109.37

Growth %

14.79 28.43 15.15 9.82

GROWTH OF EXPORT

Year

Value of export of medicinal and products 293.54 398.21 424.56 475.51

Growth %

2007-08 2008-09 2009-10 2010-11*

14.37 35.66 6.62 12.00

Top pharmacy Companies In India

Glaxo smithkline CADILA Ranbaxy Cipla SUN Pharmaceuticals Dr Reddys Laboratories limited

GOVERNMENT INITIATIVE
1. It is proposed to extend concessional basic customs duty of 5% with full exemption from excise duty/ CVD to six specified life-saving drugs . These are used for the treatment or prevention of ailments such as HIV, renal cancer, etc. 2. Probiotics are a cost-effective means of combating bacterial infections. It is proposed to reduce the basic custom duty on this items from 10% to 5%. 3. Basic custom duty and excise duty reduced on soya products to address protein deficiency among women and children. Basic customs duty and excise duty reduced on Iodine. The department of pharmaceuticals has prepared a Pharma Vision 2020 document for making India one of the leading destinations for end to end drug discovery and innovation and for that purpose ,the department provides requisite support by way of world class infrastructure, internationally competitive scientific manpower for pharma research and development.

 Strength Weakness Opportunities threats

Strength Low cost of innovation. Low cost of skills. Weakness Presence of more unorganised players Stringent pricing

Opportunity Open the health Insurance

Threats Low cost companies affecting outsourcing demand for Indian Products. Entry of foreign players.

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