Pharmaceutical industry : Country's pharma sector is about to grow over 3-fold to strike USD 55 billion in the up coming 5 years, even as the exports from the sector might slow down to grow at a CAGR of 7.98 per-cent owing to stricter regulations in market such as the Russia, US and Africa.
Indian pharmaceutical industry is estimated to reach 55 billion USD by 2020 as as compared to the current size of 18 billion USD but the exports may slow down to grow at a CAGR of 7.98 per-cent in value terms due to tightening of regulatory mechanism in top exports markets of US, Russia & Africa, reports said.
Indian pharmaceutical industry is estimated to reach 55 billion USD by 2020 as as compared to the current size of 18 billion USD but the exports may slow down to grow at a CAGR of 7.98 per-cent in value terms due to tightening of regulatory mechanism in top exports markets of US, Russia & Africa, reports said.
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