India has come a long way in the field of manufacture of Drugs and Pharmaceuticals. From a country importing more than 95% of its requirement of Drugs and Pharmaceuticals, India now is exporting it even to developed countries. The modern Indian Pharmaceutical Industry is recent and its foundation was laid in the beginning of the current century. The pharmaceutical industry can be broadly categorised as Bulk Drugs, Formulations, IV Fluids and Pharmaceutical Aids (such as medical equipment, hospital disposables, capsules, excipients etc. Special feature of the pharma industry is a large number of manufacturers in the small scale sector. The government is also encouraging the SSI sector providing some incentives. The recent developments in the technology and R & D work in this field have led to the increased growth rate of industries and have established Indian Pharmaceutical industries in the international market.