International Journal of Recent Technology and Engineering (IJRTE) ISSN: 2277-3878, Volume-8, Issue-3, September 2019 2980 Published By: Blue Eyes Intelligence Engineering & Sciences Publication Retrieval Number C4821098319/2019©BEIESP DOI: 10.35940/ijrte.C4821.098319 Abstract: In the global scenario, the companies are controlled by challenger, despite of industry. The highly aggressive market has made impression on the companies to have competitive advantage. The unique challenging edge is company’s human capital. The human capital play significant role in increasing organizational performance. Now organizations have to take moment to enhance their workforce by imparting training and development program to upgrade skills, talents and knowledge to make their human capital effective. It also examines on the mindset of the employees and gives high attainment in their workforce planning. An employee is most valued resource to a company and provides tangible base needed to build long-term profitability and continuous success. Hence the study determines the significance importance of human capital investment in Indian pharmaceutical sectors. The situation of current human capital investment are explore and conclusion drawn from the study Keywords: Human Capital, Investment in Human Capital, Pharmaceutical Industry I. INTRODUCTION “Employees are the lifeline of an organization” The roots of human capital come from the economic just like other concepts. So it is not defined clearly. Becker (1962) felt difficult to determine human capital in his theory. From the literature review provide/purvey intuition on human capital definition. The most premier definition in human capital covers: “Human capital consist of knowledge, skills attitude, experience and other traits which contribute to the production and productive in the organization” (Goode, 1959) According to the author Roos and Roos (1997) define the human capital as a combination of intangible assets that are acquired by the people in the organization. These intangible assets are classified into three types, which are competencies, attitude and intellectual skills and knowledge. Laroche et al. (1999) explain human capital in eight specific components of the broad understanding and pay special attention that are analyze as human capital comprises an innate and an acquired component which is not tradable but available to acquire human capital from different channel through formally or informally. The human capital may have Revised Manuscript Received on September 25, 2019. * Dr. Pulidindi Venugopal Mohammed Irfan, Research Scholar, Andhra University-SANA Engineering College, Department of MBA, Kodad, Suryapet Dist. Telangana, India Email: irfanmd2004@gmail. Dr. Jaladi Ravi, Professor, Department of Commerce and Management Studies, Andhra University, Visakhapatnam, Andhra Pradesh, India. Email: dr.ravijaladi@gmail.com. Dr. Pulidindi Venugopal, Department of Technology Management, Vellore Institute of Technology, Vellore, India. Email: pulidindivenu@gmail.com . both qualitative and quantitative aspects which can be specific or general. The knowledge and abilities which are acquired by the human beings are not utilized fully in all aspects. But human capital may effect from the external factors. Chen et al. (2004) define Human capital as a combination of peoples competences, peoples attitude and peoples creativity. It is also mention that individual knowledge and skills, talent are creating value to the organization. Litschka et al. (2006) ascertain that human capital is a combination of elements which consists of individual skills, knowledge and abilities to work, which covers the psychological aspects and somatic aspect. The potential abilities of individual are used for the growth and development of organization performance but these resources are not owned by the organization. II. HUMAN CAPITAL SIGNIFICANCE Physical capital plays a very significance contribution in the industrial revolution. In this context, what will influence in the information era to create wealth to the knowledge based industries. This can be created wealth with help of Human Capital. In 1995 world bank conducted a research study to know the global wealth of 192 countries and concluded that global wealth provide 16 percent share of physical capital, 20 percent share of natural capital and 64 percent share of human and social capital. Nafukho et al. (2004) proposed that the development of individual, organization and nation can be achieved by investing in education and training which will create human capital. Weathelrly (2003) reveals that new vision in Information era is Human Capital Management. Human being has to take a terse decision to perform the activities to be happened. According to the Johnson (2002) disclose the human capital importance and expressed that all innovation are human innovation. In economy and business system are maintain by the peoples. In this view, it says that without humans there is no structural capital and intellectual capital. The research author Lucas (1988) disclose that human capital have significant impact in the growth rate of the countries. III. INVESTMENT IN HUMAN CAPITAL According to the Mincer, Schultz, and Becker have provides a clear analysis on investment in human capital. Schultz (1971) concluded that investment in human capital can be classified into five categories. Investment in education (schooling and higher education), invest in upgrading skills and knowledge (on the job training) invest on migration, and investment on health and economic information. The author believed that individuals can invest as per their choice to improving themselves. Human Capital Situation in Indian Pharmaceutical Sector Mohammed Irfan, Jaladi Ravi, Pulidindi Venugopal