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778-Som-Lalit Institute Of Business Management - Gujarat ...

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• They also signed Arab concord protecting the author's rights since 1986 along<br />

with the agreement of Berne that shelters the literary and artistic collections in<br />

2000.<br />

• Qatar has also signed the conformity of Paris for the industrial property<br />

protection in 2000.<br />

3) Cost effective technology:<br />

• India has the benefit of cost effective technology in the field of pharmaceutical<br />

industry.<br />

4) Great natural resources:<br />

• The joint investments with global oil companies in executing a variety of giant<br />

projects in the fields of gas and oil, exceeding hundred billion dollars.<br />

• Qatar possesses 14% of the discovered natural gas reserve on the planet.<br />

The gas reserve in Qatar reaches about 900 cubic foot trillion and is the third<br />

biggest reserve in the globe<br />

• The state contains 51% of the world reserves in oil and gas and 24% of the<br />

world production of oil and gas.<br />

5) Proficiency in path-breaking research:<br />

• India possesses proficiency in the field of pharmaceutical research<br />

• It also has chemical and process development competencies.<br />

6) Low cost manufacturer:<br />

• Indian manufacturers are one of the lowest cost producers of drugs in the<br />

world.<br />

• With a scalable labour force, Indian manufactures can produce drugs at 40%<br />

to 50% of the cost to the rest of the world<br />

7) Excellent chemistry and process reengineering skills:<br />

• Indian pharmaceutical industry possesses excellent chemistry and process<br />

reengineering skills.<br />

• This adds to the competitive advantage of the Indian companies.<br />

15 | P a g e

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