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Chemical Week Magazine :: Pharmaceuticals & Fine Chemicals

India to Remain a Cost-Competitive Hub

10:23 AM MDT | May 22, 2009 | DEEPTI RAMESH

Contract manufacturing of active pharmaceutical ingredients (APIs) and finished dosage drug forms will grow in India at 30%-40%/year until 2013, says a new report from Frost & Sullivan India (F&S; Kolkata). The cost of manufacturing in India is increasing, but the country continues to be a leading destination for outsourcing pharma manufacturing, F&S says. “India has already emerged as one of the most preferred outsourcing hubs for many global players including big pharmaceutical companies, and we can expect more than 30% growth in the contract...

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