Indian Pharmaceutical Industry
players in the industry are Ranbaxy, Cipla, Dr. Reddy's Laboratories, Lupin, Nicolas Piramal,Aurobindo Pharma, Cadila Pharmaceuticals, Sun Pharma, W Wockhardt Ltd. and Aventis Pharma. The industry encourages international interest because of the growing population and economic improvements . Furthermore, initiatives of the Government such as allowing 100% FDI under the automatic route in drugs and pharmaceuticals including those involving use of recombinant technology act as a catalyst for growth.
The main regulatory body in India under the Ministry of Health and Family Welfare is Central Drugs Standard Control Organisation (CDSCO). It is responsible for ensuring safety, efficacy and quality of drugs supplied to the public.
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