CPHI & PMEC India poised to reshape pharma landscape

EVOLVING from its traditional role as the world's supplier of affordable generics to a research-driven, technology-integrated global healthcare powerhouse, Indian pharmaceutical industry is undergoing a profound transformation.

- Our Bureau, Mumbai

Indian pharmaceutical companies are increasingly investing in innovation, biosimilars, complex generics, and cutting-edge research. The integration of artificial intelligence, data analytics, and genomics is opening new frontiers in drug discovery, personalized medicine, and precision healthcare. These advancements are positioning India as a leader not just in manufacturing but also in the development of next-generation therapies and solutions.

At the same time the active pharmaceutical ingredients (API) industry in India also stands at the threshold of a transformation with backward integration and reduced import dependence, growth in high-value, niche APIs, improved regulatory compliance and quality focus, sustainability & Green API manufacturing, digital & virtual API supply chain models.

Impacted by global supply chain dynamics, shifting regulatory landscapes, and the desire for self-reliance, the API industry in the country is at a watershed moment.

Traditionally reliant on imports, especially from China, India has made significant strides in boosting its domestic API manufacturing capabilities.

India's unparalleled manufacturing scale, cost efficiency, and deep reservoir of scientific talent provide it with a competitive edge. The country's skilled workforce is driving innovation and ensuring the highest standards of quality and compliance. This blend of scale and expertise enables India to meet both domestic healthcare needs and the growing demands of international markets.

Continued government support through schemes like the PLI, coupled with a focus on sustainability and green chemistry, is fostering an environment conducive to long-term growth. The sector's commitment to environmental responsibility and sustainable manufacturing practices is enhancing its global reputation and appeal.