The study is designed to carry out the impact of trade liberalization and globalisation on the Indian industry with the help of a case analysis of the Indian pharmaceutical industry. The study is broken down into five chapters in order to carry out the process of the study systematically. The first chapter presents the background, motivation and the value of the study. Focus of chapter two, the literature review, which helps in brining out aspects associated with trade liberalisation and globalisation. Chapter three provides an overview of the Indian pharmaceutical industry with references to the global industry. An analysis of the industry against the literature developed in chapter two will be the focus of chapter four. Lastly, chapter 5 is designed to formulate recommendations for the industry, incorporating government's role. / Thesis (MBA)-University of Natal, 2003.