Following on from leadership in IT outsourcing, India has now also gained critical mass in the bio-pharma industry catalysed by implementation of the WTO IP regime and is now a global leader in chemistry. A significant base of English speaking chemists exists in India today with years of experience working for international clients.

The available talent pool in India is continuing to grow due to heavy investment in bio-pharma academic infrastructure and the attractiveness of working in international bio-pharma companies. Goldman Sachs (Feb 2006) have indicated that Pharmaceutical outsourcing in India is set to double to $50b by 2007. Market growth is expected to remain at above 5% over next 45 years in India. The Mumbai stock market has experienced unprecedented growth alongside successive governments that have been committed to undertaking key economic reforms.