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The pharmaceutical industry in India has grown significantly since independence. It was initially dependent on imports to meet domestic demand but has expanded to become a major domestic producer and exporter. The industry structure includes public, private, and foreign sectors, with over 16,000 firms currently engaged in drug production. While production was only worth Rs. 10 crores in 1947, it had grown to Rs. 4,200 crores by 1991-92. Exports have also increased substantially, reaching Rs. 1,281 crores by

Author
ahmed
Language
EN

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