Research Article
Uma Vasireddy*, G. Krishna Moh
Abstract
Indian pharmaceutical industry has become one of the world leaders in affordable and quality production of generic medicine. India is strategically well positioned to emerge as ‘Health Keeper’ of the world with its diverse advantages and continuous development of the pharma sector. In view of the growing importance of the Indian pharma research front, we have conducted a stochastic analysis/research and this article attempts to answer whether India would continue to play an important role in global pharmaceutical trade and what are the necessary policy interventions required for its future sustainability and growth.