The pharmaceutical business is a growing business around the globe, within a short span of time many companies and franchises emerged as a lead exporter of a variety of drugs throughout the world. The pharmaceutical industry is part of the healthcare sector that deals with medications. The industry comprises different subfields pertaining to the development, production, and marketing of medications. These more or less interdependent subfields consist of drug manufacturers, drug marketers, and biotechnology companies.
Indian pharmaceutical market is dominated by local/ multinational companies in which all claim to provide good quality products at the best price possible. Pharma sector of India is strictly regulated by the government of India, this industry has promoted in the decade 1900s due to several kinds of research in the field of sciences, PCD pharma has emerged as a lead franchise which not only sales product to their local people but also due to their quality and safety their products are being marketed to the international level as well.
PCD pharma franchise has become a multinational name because it exports the variety of drugs which include both the “OTC” and “prescription” drugs, due to certain regulatory systems these drugs which are being exported through supply chain undergo a variety of scrutiny at every level to ensure the safety of the product. Because international regulatory bodies such as FDA, WHO have set certain standards of drugs so PCD pharma franchise has passed all the levels of quality control that’s why their products are being sold throughout. The demand of over the counter prescriptions is high due to their easy access so people are largely buying the drugs of PCD pharma franchise and it is being sold to the international market, this shows the amount in which they are producing their product keeping the quality constant throughout.
Due to the high number of selling, they maintain a proper record of every transaction which occurs across the country and they have made sure to make their every worker responsible for the work they are doing and strict monitoring takes place during the sales throughout.
PCD pharma franchise is providing the benefit to India’s economy by generating revenue through the selling of the product. According to union minister of commerce and industry Suresh Prabhu, India has recognized as a key players in the field of generic medicine, he further stated that by 2020 India is likely to become the top 3 pharmaceutical markets by incremental growth and 6th largest market in absolute size, He said that the pharma industry will play a key role in driving India to become a $ 5 trillion economy. these facts and figures merely show the growth of India in the field of medicines and Pharma PCD franchise is playing the lead role in supporting the economy, not only locals trust them and it has become a household name in India but now their international demand is also increasing day by day which means in future new plants will be established to make pace with the requirements of the people
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