$5.5 billion sector is expected
to grow to USD 25 billion by
2010 and to USD 75 billion by
2020.
Andhra Pradesh has a market
size of USD 1.6 billion currently and is expected to become a USD 15 billion by 2010.
Andhra Pradesh has trained and skilled manpower, research and development facilities.
World-class 'Pharma City' at Parawada near Visakhapatnam with private sector participation in an expanse of 2900 acres.
Two Formulation parks being developed.
Andhra Pradesh is called the 'Bulk Drug Capital of India'
Andhra Pradesh contributes around 30% of pharma production in India
Some of the best US FDA approvied plants are located in Andhra Pradesh
Pharmexcil - Phamraceutical Export Promotion Council is in Hyderabad
Over 2500 pharma companies are in AP