Being the 4th largest pharmaceutical industry in the world, India is one of the major overseas supplier of medications to countries like U.S.A., U.K. and other European countries. With more than 20,000 businesses, the Indian pharmaceutical industry is only rising at double digit rates.
With the introduction of online pharmacies in the year 2005, the market growth increased drastically and rapidly with people switching to online medicine Shops. In comparison to other online drugstores across the globe, Indian drugstores offer much cheaper medicines. This is the reason why the world consumers buy Indian made drugs more than other drugs made in other countries.
The recent advancement in the Biotechnology and information technology has made the Indian pharmaceutical industry capable of conducting drug related researches with in the country and at extensive levels.
With the Online Chemist Shops offering lucrative offers on purchasing prescription or OTC (Over the Counter) medicines, the customers are able to save money from the purchasing cost of a medicine in large amounts. Indian Pharmacies online offer various generic medicines which are much more cheaper than the branded medication. Medicines worth millions is exported to countries like U.S.A. , European Union and Japan.
The pharmaceutical industry in India is going to take a leap in the revenue generation, from U.S. $13 billion in 2013 to U.S. $20 Billiion in 2015. The following are some of the most reputed pharmaceutical companies which supply their products to Online Pharmacies in India:
- Cipla
- Ranbaxy
- Lupin Labs
- Aurbindo Pharma
- Cadila Healthcare
- Sun Pharma Industries
- Aventis Pharma
These days the pharmaceutical industry is getting merged with some of the MNC’s which come to them for cost learning the cost efficiency methods and R&D. They in turn provide these companies with adequate resources for conducting their R&D. The merged companies conduct researches at the same level for third world diseases like AIDS, Cancer, etc.
The main reason behind the success of Online Drugstores in India is that they sell Generic medication in more numbers than any other country. Indian pharmaceutical exports generic drugs to over 65 nations across the globe with the U.S. as its biggest market.
3G Chemist is one of the most trustable and genuine Online Drugstore in India. 3G Chemist provides OTC Medicines, herbs, Vitamins, Prescription Medicines from renowned pharmaceutical companies at low prices. Also, 3G Chemist provides personal security products such as pepper spray, Dermatological products and Cosmetics. They have contacts with different suppliers of these products which are renowned. All these products are available at low prices with different discount offers.