Pharmaceutical industry in India - Wikipedia
https://en.wikipedia.org/wiki/Pharmaceutical_industry_in_IndiaAs of 2002 , over 20,000 registered drug-manufacturers in India sold $9 billion worth of formulationsand bulk drugs. 85% of these formulations were sold in India while over 60% of the bulk drugs were exported, mostly to the United States and to Russia. Most of the players in the market are small-to-medium enterprises; 250 of the largest companies control 70% of the Indian market. Thanks to the 1970 Patent Act, multinationals represent only 35% of the market, down from 70% t…