India alone hold 20 % of global export in generic drugs in terms of volume. Lower production Cost giving an competitive edge to Indian PCD Pharma companies over US and others due to the availability of skilled work force and lower production cost. Attracting Overseas Pharma Companies and investors to invest in India. Why India has the lower cost than US and other Global players few reasons are as follows:
Availability of Skilled Human Resources : easy availability of skilled work force has attracted lots of companies to establish a full fledged setup.
Cheap Resources: India is land, full of assets and one can extract utmost utilization of the resources to the maximum possible extent. We have a lower cost labor, Power, transportation.
Relaxation of policies: To get up a pharma franchise in India, you don't have to go through all the conditions. Instead you can look for the people who are ready to undertake your franchise and also take the responsibility of doing all the paper works.