The trend of outsourcing to India for research and development is
catching on fast. Over the last decade, worldwide pharmaceutical
and biotechnology companies have made India their choice for a
research destination. Initially R&D was inclined more towards
developing products for the Indian market within the country. This
led to several multinational companies opening up production plants
in India, primarily due to the globalization of the Indian economy
and offshoring jobs to India. Alongside, several global
pharma-biotech majors ascertained large market requirements within
the country and capitalized on the advantage of serving Indian
customers. Strategies were devised to optimize operational expenses
with the setting up of on-site R&D to develop products for
local requirements. In view of this, this book seeks to explore
various nuances of the outsourcing sector with respect to biopharma
in India.
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