The progress of the pharmaceutical industry in India has been hampered by price and other controls. India?s pharmaceutical industry has made rapid progress in recent years. India is one of the world?s largest drug markets. There are about 350 large/medium units and about 8,000 small scale units which form the core of industry, with about 350 bulk drugs on therapeutic value for use in the production of formulation market. The industry provides direct employment to two lakhs people, indirect employment to another two people. There is good scope for new investment. Any entrepreneur can come in this project and get good domestic and as well as export market potential.
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