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We provide a diverse range of services in Europe, UK, India and Canada. Find out how we can work with you
Pharmaceuticals
India Pharmaceutical Industry
- The Indian pharmaceutical industry is estimated to grow at 20% compound annual growth rate (CAGR) over the next five years, as per India Ratings, a Fitch Group company.
- Gujarat clocked the highest growth rate in pharmaceuticals market at 22.4% during November 2014, surpassing the industry growth rate, which grew by 10.9%.
- Also, growing at an average rate of about 20%, India's biotechnology industry comprising bio-pharmaceuticals, bio-services, bio-agriculture, bio-industry and bioinformatics may reach the $7 billion mark by the end of 2015.
- Biopharma is the largest sector contributing about 62% of the total revenue, with revenue generation to the tune of over $2.03 billion.