India’s the global leader in the generic market with Indian drugs popular in Africa and other emerging markets. Some Indian pharmaceuticals have even made headway in the USA market. So what are generic drugs? They are drugs which have the same chemical composition as branded drugs are and sold under their chemical name. For example Paracetamol a painkiller is the generic name for branded drugs like Crocin and Calpol. The drug market situation is a little different in India than the USA or other developed nations. In the USA when a new drug is launched only the company that