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|EXHIBIT 31.1
CERTIFICATION OF THE CHIEF EXECUTIVE AND FINANCIAL OFFICER
I, Jitendra N. Doshi, the Chief Executive Officer and Chief Financial Officer of Caraco Pharmaceutical
Laboratories, Ltd. (the registrant) certify that:
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| | 1. | I have reviewed this annual report on Form 10-K of the registrant;                                                                                                                                                                                                                                                            
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| | 2. | Based on my knowledge, this annual report does not contain any untrue statement of a material fact
  or omit to state a material fact necessary to make the statements made, in light of the circumstances
  under which such statements were made, not misleading with respect to the period covered by this
  annual report;
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| | 3. | Based on my knowledge, the financial statements, and other financial information included in this annual
  report, fairly present in all material respects the financial condition, results of operations and
  cash flows of the registrant as of, and for, the periods presented in this annual report;                     
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| | 4. | I am responsible for establishing and maintaining disclosure controls and procedures (as defined in
  Exchange Act Rules 13a-15(e) and 15d-15(e) for the registrant and I have:                                                                                                                                               
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| | (a) | Designed such disclosure controls and procedures, or caused such disclosure controls and procedures
  to be designed under my supervision, to ensure that material information relating to the registrant,
  including its consolidated subsidiaries, is made known to me by others within those entities, particularly
  during the period in which this quarterly report is being prepared;
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| | (b) | [Intentionally omitted.]                                                                                                                                                                                                                                                                                                                                                                     
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| | (c) | Evaluated the effectiveness of the registrants disclosure controls and procedures and presented
  in this report my conclusions about the effectiveness of the disclosure controls and procedures,
  as of the end of the period covered by this report based on such evaluation; and                                                                                                       
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| | (d) | Disclosed in this report any change in the registrants internal control over financial reporting
  that occurred during registrants most recent fiscal quarter (registrants fourth fiscal
  quarter in the case of an annual report) that has materially affected, or is reasonably likely to
  materially affect, registrants internal control over financial reporting; and            
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| | 5.             I have disclosed, based
  on my most recent evaluation of internal control over financial reporting, to the registrants
  auditors and the audit committee of the registrants board of directors (or persons fulfilling
  the equivalent functions):
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| | (a) | All significant deficiencies and material weaknesses in the design or operation of internal control
  over financial reporting which are reasonably likely to adversely affect the registrants ability
  to record, process, summarize and report financial information; and
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| | (b) | Any fraud, whether or not material, that involves management or other employees who have a significant
  role in the registrants internal control over financial reporting.                                                                                                 

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|March 11, 2005

| | /s/  Jitendra N. Doshi     
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| | Jitendra N. Doshi          
| | Chief Executive Officer    
| | and Chief Financial Officer

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