The agro sector is considered as the backbone of the Indian economy with more than 70% of job in the economy based on agriculture and other allied sector such as dairy, chemicals and pharma. 

The Indian pharmaceutical sector has seen the entry of many multinational companies that have penetrated the domestic market with an aim to market drugs and conduct clinical trials. Additionally many start-up pharmaceutical companies have entered the market offering competitive services and healthcare solutions to the masses. This has also fuelled the growth of the speciality chemicals sector in India which is witnessing a surge in demand due to the tremendous growth of exports in bulk drugs, pesticides, dyes and other intermediates.