In the 1970s and 1980s, a large number of small firms were set up in Ahmedabad. As exports started growing, more companies started setting shop, while the early movers started to become medium and large firms. According to a report by KPMG in 2008 on Gujarat’s Pharma sector, an estimated 75-100 bulk drug producers and 1,000 manufacturing units in Ahmedabad. These manufacturing units are mostly in formulations and other areas including excipients, disposables, homeopathic, ISM and...