A brief report on Pharmaceutical Industry in India. The Pharmaceutical and Chemical industry in India is an extremely fragmented market with severe price competition and government price control. The Pharmaceutical industry in India meets around 70% of the country's demand for bulk drugs, drug intermediates, pharmaceutical formulations, chemicals, tablets, capsules, orals, and injectibles.
Competitive Rivalry in the Pharmaceutical Industry. The pharmaceutical industry is one of the fields that are known to contribute greatly to the economy. A lot of revenue and income is obtained from this industry. More so, it is an industry that offers patients an opportunity to prevent, stabilize and have solutions to many diseases.
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