p classMsoBodyText styletext-align: justify;span langEN-US stylefont-family: Helvetica,sans-serif; color: 444444; background: white;Indias pharmaceuticals industry is a major player in the global pharmaceuticals market. India is ranked third in the world for production volume and 14th for value. India is the worlds largest supplier of generic medicines, with a share of 20 in global supply. It is also the top vaccine manufacturer worldwide. India is also home to the largest number of US FDA compliant Pharma plants. It has more than 3,000 pharmaceutical companies and a strong network with over 10,500 manufacturing facilities.spanp pspan classMsoSubtleEmphasisspan stylefont-size: 10.0pt; line-height: 107; font-family: Helvetica,sans-serif; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-ansi-language: EN-IN; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;The cover story of this month titledstrong: “Everything You Need to Know About Pharmaceutical Lab Innovation” strongspanspanspan classMsoSubtleEmphasisspan stylefont-size: 10pt; line-height: 107; font-family: Helvetica, sans-serif;contributed by Microbioz India, editorialspanstrongspan stylefont-size: 10.0pt; line-height: 107; font-family: Helvetica,sans-serif; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-ansi-language: EN-IN; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;.spanstrongspanp