With rising economic growth of India, many sectors have performed excellently. In fact, most of these sectors have contributed heavily in economic well-being of the country. One of those industries is pharmaceutical industry. Indian pharmaceuticals companies have not only kept coming up with numerous generic products but they have also acquired many foreign companies, a phenomenon unheard of, for Indian companies. Many of these generic products have been patented and Indian companies are second to none when it comes to producing high quality medicines at low prices.
This growth in pharmaceutical industry has given rise to many new career avenues. One of the prominent one is clinical research. India being a populous country, has kept on giving number of educated youths in the field of pharma. India boasts of many talents who are technically quite strong. This talented work force gets supported by abundance of clinical equipments. One of the reason, Indian research and development is quite cheap compared to developed countries is because of low cost of infrastructure and commodities.
Apart from being affordable, India also holds an advantageous position because of different streams of medicines and treatment. India is a multicultural country with a traditional background and this fact gets reflected in alternate treatments like, Allopathic, Siddha, homeopathy, Ayurvedic, Unani. The emergence of India in clinical research can be seen from the fact that many multinational companies are outsourcing their clinical research work to India.
Clinical research is an upcoming field with lots of potential. Realizing this, many new institutes have come up with various courses in clinical research. India has number of quality institutes in clinical research. Major ones are; Visva-Bharati University, University of Madras, Aghrakar Research Institute, Birbal Sahni Institute of Palaeobotany, Bhava-Atomic Research Center, Jawaharlal Nehru University, University of Delhi, Kurukshetra University and others.
