• Dr. R. Ravikumar

The pharmaceutical industry of India plays a vital role in enhancing individual’s health and welfare along with significant contribution to the Gross Domestic Product of the economy. Apart from this, pharmaceutical industry is one among the industry which has trade surplus in many of the financial years and contributing much in reducing the trade deficit. Hence, to know the performance of such an essential industry present study is to analyses the turnover, foreign direct investment inflow, export-import to know the industry’s contribution to the Indian economy as well as the global market and analyzed the performance of top 14 Indian pharmaceutical companies. Data have been collected from the Centre for Monitoring Indian Economy (CMIE) database. The tools like correlation, annual growth rate, compounded growth rate and trend analysis have been used. Findings reveal that the research and development expenditure and sales have a significant relationship, as much the amount investment done on the research is stimulating the sales of the companies. The other findings show the trend of the overall turnover, inflow of foreign direct investment and trade balance of the industry as positive.

GDP, FDI, Economic Development, Export, Import.

"A STUDY ON PHARMACEUTICAL INDUSTRY IN INDIA ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 12, page no.g610-g618, December-2024, Available :http://www.jetir.org/papers/JETIR2412669.pdf

"A STUDY ON PHARMACEUTICAL INDUSTRY IN INDIA ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 12, page no. ppg610-g618, December-2024, Available at : http://www.jetir.org/papers/JETIR2412669.pdf