I will on occasion help my clients identify and develop relationships with contract research and services firms in India. It never occured to me until recently that many US-based companies really struggle with this.
In my experience, the keys to success are:
1. Ignore any preconceived (or ill conceived) notions about the quality of the work that will be done, the language issues, the time zone issues, etc. All the folks I've ever worked with in the Indian life sciences sector are very professional, highly skilled, highly educated, and keenly interested in growing their business by serving their clients (you) well.
2. Start small. Find one or two small projects and begin to develop a relationship with one or more CROs. Grow the relationship from there.
3. Don't let concerns about the loss of IP hinder you. It's a valid concern, but only if you choose to work with people that are not ethical. That's just as true here as it is there. Nobody wins when IP is stolen.
What's available? You name it:
>Any Preclinical animal model you can think of
>Clinical data management
>Market research services
The list goes on and on.
If you need help, send me a note and I'll try to steer you in the right direction.