The Indian Pharmaceutical Industry Accounts for 2.4% of the Global Pharmaceutical Industry by value, and 10% by volume. Further, India accounts for 20% of the global exports in the Pharmaceutical Industry, with a Total Business of USD 16.89 Billion, which is expected to reach USD 40.00 Billion by 2020. Boosted by lower cost R&D and Production, India is able to produce high quality medicines at lower prices. It is for this very reason that the Pharmaceutical Industry attracted 4% of the total FDIs in India. As per estimations, India is believed to see investments to the tune of USD 200 Billion on medical infrastructure in the next 10 years. With favourable policies of the Government in place and focus on “Pharma Vision 2020”, the Indian Pharmaceutical Industry is expected to reach USD 250.00 Billion by 2020. REASONS FOR INDIA’S EMERGENCE AS ONE OF THE WORLD LEADERS: India’s astronomical rise in this Industry can be attributed to the following: ·     ...