Assam's pharmaceutical industry is an emerging player with promising potential. Here's a glimpse of the scope in this sector:

Advantages for Pharmaceutical Industries

• Rich Biodiversity:
  Assam boasts a rich biodiversity with over 952 documented medicinal plant species. This offers a vast resource base for herbal medicine production and research & development of new drugs.
• Government Support:
  The Assam government actively encourages pharmaceutical industries.

Initiatives Include

• Setting up a Pharmaceutical Park in Kamrup district.
• Investor-friendly policies to attract investment.
• Increased budgetary allocation for healthcare.

Established Players

Renowned pharmaceutical companies like Lupin Ltd. and Natco Pharma already have a presence in Assam, indicating the industry's viability.