Indian Pharmaceutical Industry has witnessed a robust growth from US$ 11.4 billion in 2010 to US$ 13 billion in 2011 with a scorching pace of growth of 15%. The industry ranks 3rd in terms of volume and is 14th in terms of value globally. Showing tremendous progress in terms of infrastructure development, technology base creation and a wide range of products, the Indian pharmaceutical industry has established its presence and determination to flourish in the changing environment.

The task of creating 100 million jobs by 2025 is difficult but a plausible target for a population of 1.22 billion people providing a captive consumption and a potential production framework to meet their own needs - Naresh T Raisinghani, CEO and Executive Director, BMGI

The Indian Commercial Vehicles segment harbors one of the biggest growth opportunities for the automobile manufacturers. Due to rising demand from around the country, the segment is attracting significant amount of attention from domestic and international manufacturers. Considering the vast scope in the segment, numerous companies are looking forward to expand their participation in the market, while many are planning entrance into the segment.