The demand for active pharmaceutical ingredients (API) has been increasing at a rapid pace over the years. This can be attributed to various factors such as the aging population and the rise in chronic diseases such as cancer, diabetes, and cardiovascular diseases.
Entrepreneurs looking to start an API manufacturing plant can leverage this opportunity to establish a profitable business in the pharma industry. API are the essential components of pharmaceutical products that provide the desired therapeutic effect to the patient.
API can be synthetic or derived from natural sources, and they are carefully selected and tested for their purity, potency, and quality. API are usually combined with other inactive ingredients to create a medication that is safe, effective, and easy to use.
India’s favorable regulatory environment and established infrastructure for research and development make it an attractive destination for pharma API manufacturing. Read this complete blog to understand the opportunities for API manufacturing in the pharma industry.