India has The 3rd Largest Pharmaceuticals Industry in The World By Volume
SNAPSHOT Indian pharmaceuticals- a formula for success India is the largest provider of generic medicines globally, occupying a 20% share In global supplies by volume. The country is home to 3,000 pharma companles with a strong network of over 10,500 manufacturing facilties.
The cost of production in India is around one third of that In the US and aimost half of that inEurope. India is the source of 60,000 generic brands across 60 therapeutic categories and manufactures more than 500 different Active Pharmaceutical Ingredients (APIs). The export of generic drugs is one of India's core strengths.The export of Pharmaceuticals stood at $ 16.3 bn in 2015-16.
A public-private partnership (PPP) is a project delivery model whereby private entities undertake large-scale engineering and construction projects, often on works with defined objectives and criteria under the supervision of a government agency for mutual benefit.
BOOT (build, own, operate, transfer) is a project that transfers the risk and responsibility for the design, construction and operation of a large public infrastructure to private developers.