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Market Growth

Factors driving this growth: Favourable environment for


As per the report of Mordor • Increasing demand for Pharmaceutical Industry of
intelligence, by 2027 Indian generic drug India:
Pharmaceutical Industry is • Rising healthcare • Government Support (PLI
project to grow at the CAGR of expenditure Schemes)
10.7%. • Growing awareness about • Favourable regulatory
health and wellness environment
Regulatory Environment

• Central Drugs • Approving new • Good

Modus Operandi
Functions
Bodies

Standard Control drugs, clinical Manufacturing


Organization trials, and Practices (GMP)
(CDSCO) regulating the • Good Laboratory
• Drug Controller import and export Practices (GLP)
General of India of drugs • Price controls to
(DCGI) • Ensure the quality, ensure the
• Ministry of Health safety, and efficacy affordability
of drugs

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