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India is the biggest manufacturer and exporter of generic drugs on the globe and considered as the pharmacy of the globe. However, many Indian pharma companies find it difficult to survive in global markets due to the heavy competition, lack of market research knowledge, complex regulatory results and not embracing the latest digital technologies adopted by global companies.
By Harshil ShahIndia is the biggest manufacturer and exporter of generic drugs on the globe and considered as the pharmacy of the globe. However, many Indian pharma companies find it difficult to survive in global markets due to the heavy competition, lack of market research knowledge, complex regulatory results and not embracing the latest digital technologies adopted by global companies.