India has become a prominent destination for the purpose of contract manufacturing of pharma products due to rising concerns over high production costs. Additionally, pharma giants are looking for convenient and faster transportation of products to the target markets. Besides, sponsor companies are looking to outsource related services, such as product development, packaging, and logistics. According to our latest research offering, “Indian Contract Manufacturing - A Hot Opportunity”, the contract manufacturing industry in is expected to grow at a magnificent CAGR of over 45% during 2011-2013. Growth will be much higher than the past years as the impacts of the global recession are wearing off from the market.