Pharmaceutical Machinery: Indian Market
In India there are around 17,000 pharmaceutical companies in the country and therefore it provides tremendous scope for the machinery manufacturers to exploit the potential by providing necessary machinery by ensuring proper design, ease of user application, simple maintenance and also validation protocol for the new equipment that are essential for the pharmaceutical companies.
The Indian pharmaceutical machinery industry is currently catering to the segments of tableting, capsulation, powder processing, material handling, R&D equipment and instrumentation, coating, bulk drug plant installation etc.
In India, there are around 800 pharmaceutical machine manufacturing and allied utility service units in the small and medium sector. Though only few companies have made a mark in the area of branded market, a majority of these units undertake job works and supply of custom made machineries taking the location advantage of buyers.
India is the fourth largest manufacturer of medicines in the world, although in terms of turnover the contribution of the Indian Pharmaceutical Industry is less than 2% of the global total, it is a clear indication that the prices of medicines in India are the lowest in the world. The manufacturing facilities in India are being upgraded to the standards of the regulated markets. Today, India has the highest number of FDA approved facilities outside USA.
Packaging technologies which show substantial potential for growth are horizontal and vertical form-fill-seal machines for different goods, be it solids, granules or liquids. Blister packing and Cartoning machines, form-fill-seal machines for flat-top-and -bottom models, bag-in-box systems, sterilization and filling technologies for vials and ampoules, as well as filling and sealing of metal containers are also technologies with rising local demand.
There are more than 350 facilities in India's pharmaceutical-machine manufacturing industry, in categories like instrumentation and process control, lab equipment, pharma research and development (R&D) tools and techniques, pharmaceutical machinery, packaging material and machines, plant design and engineering, pharmaceutical process technology, and software.
India's pharmaceutical industry has approximately 3000 active pharmaceutical ingredient-manufacturing facilities, nearly 5000 formulation facilities, and 2000 other pharmaceutical facilities. Out of these, 300 facilities are in the medium to large range. Some subsectors, including biotechnology, bioinformatics, contract research and manufacturing services, clinical research organizations, and pharmaceutical machinery manufacturing, are growing in tandem with the larger pharmaceutical industry, as experienced human resources and investments spill over into these areas as well.
If you have a product which is replicable, scalable, and does not require after-sale support or customization, then you cannot compete with the Chinese. But if you are talking about pharma machines, then it is just common knowledge that you need the necessary customization or after-sales support and documentation for operating and maintenance. This is where Indian pharma machine manufacturers have the advantage of fluency in English and greater technology-orientated skills.
An increasing number of foreign pharmaceutical-machine manufacturers also have recognized India's achievements and evolution in the industry. Indian machines are manufactured and used in accordance with international standards and do not hazard the inspection and approval of their facility. This is one of the many reasons that India has the most FDA-approved facilities in the world.