Indian Contract Manufacture Market to Grow

The Indian pharmaceutical contract manufacturing market, which was estimated at $869 million in 2007, is expected to grow to $2.46 billion by 2010, says a recent report by KPMG India. Experienced Indian contract research and manufacturing services (Crams) players have created a niche for themselves by acquiring better technologies and developing expertise in niche high-margin sectors that have entry barriers, KPMG says. Crams providers are likely to consistently move up the pharma value chain in coming years, developing expertise in injectables, biologics, and...

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