India is considered as one of the attractive destination for pharmaceutical market in the world. So, it is necessary to have a strict regulation and supervision of Indian pharmaceutical industry. Also, the increasing globalization of Indian pharmaceutical industries has demanded national supervisory authorities to recognize the need for regulation and supervision. This paper tries to study the role of various regulatory bodies and the practices carried out by them to ensure smooth business operations in Indian pharmaceutical industry. It also tries to identify various issues which are halting the growth of Indian pharmaceutical industry.

India is considered as one of the attractive destination for pharmaceutical market in the world. So, it is necessary to have a strict regulation and supervision of Indian pharmaceutical industry. Also, the increasing globalization of Indian pharmaceutical industries has demanded national superviso...