Question

What is the growth rate of pharmaceutical industry in india?

Answer 1

The Indian pharma industry has been growing at a compounded annual growth rate (CAGR) of more than 15% over the last five years and has significant growth opportunities. However, for the industry to sustain this robust growth rate till 2020, companies will have to rethink their business strategy.

The global pharmaceuticals market was worth$934.8 billion in 2017 and will reach $1170 billionin 2021, growing at 5.8%, according to a recent pharma market research report by The Business Research Company.

Top 9 Publicly Listed pharmaceutical companies in India by Market Capitalization as of 2017.

Answer 2

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