Small Pharma: hyper-specialization in India’s pharmaceutical industry
India counts 12477 companies (MoCA 2016) for 5099 factories (ASI 2016). This statistical gap cannot be solely explained by registration tactics or data errors; it illustrates how India’s firms are not only restricted to manufacturing activities. Some firms do not possess any manufacturing unit, yet they are actively involved in the design, packaging, branding, promotion, …
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