India could account for 8-10 pc of work share outsourced to CDMOs by 2033: Report

India could take 8-10% of the global outsourcing share for Contract Research Development and Manufacturing Organisations by 2033 due to work shifting from the EU and the US to Asia. India and Korea are set to become key players, driven by geopolitical changes. Indian CDMOs are preparing to meet rising demand, particularly from US customers.