In the pharmaceutical industry, American pharmaceutical companies have collaborated with
their Indian counterparts in various segments of the industry. For instance, some have formed
alliances with local generic pharmaceutical companies with the purpose of jointly
manufacturing and marketing drugs. India is also a preferred manufacturing location for overthe-counter
(OTC) drug products for export to other markets. There are other firms involved
in pharmaceutical packaging and production of medical devices which are classified under
the healthcare sector. Recently, a pharmaceutical packaging firm (manufacturer of rubber and