Investment Opportunities In Pharmaceutical & Drug Industries
India has witnessed phenomenal expansion in her pharmaceutical industry after the achievement of independence. This was as a result of economic planning and now our country is self-sufficient in medicines and medicinal equipment. Moreover, a bulk amount of medicines are being exported to a number of foreign countries. The importance of distilled water ampoules is very significant in the application of certain drugs into the body of a diseased person. Distilled water is used along with powdered drugs which is to be emulsified prior to injection. Therefore, the market of distilled water ampoules is directly proportional to the production and comsumption of these drugs. The following data on pencillin and stryptomycin will indicate the growth and consumption of these medicines and thus the consumption of distilled water ampoules, because these drugs are the largest consumers of injection water ampoules.
Certainly, there have been sweeping changes in bulk drug exports. India is now perhaps the largest manufacturer in the world of drugs like ethambutol, methyldopa and ibuprofen. Indeed, Indian bulk drugs are eagerly sought after in Hamburg and London, principal centres of the global pharmaceutical trade, since they are marginally cheaper than other competing countries' products. This is partly because of the rupee's depreciation against other foreign currencies. Also many manufacturers have consciously tried to keep prices down in order to gain a foothold in new markets.
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