Dr Prem Global Healthcare Logo

India to emerge as global leader in Pharma: study

<![CDATA[

According to a study, India will emerge as a leading global player in pharmaceutical industry by 2020, securing a place among the top five major global markets.

City-based Ikon Marketing Consultant (IMC), one of the leading marketing consulting firms in the country, has come out with a study on the pharma sector in India.

Describing the ongoing decade as a healthy one for pharma industry, Azaz Motiwala, IMC founder and principal consultant said the major driving factors in this decade are huge domestic demand and increased spending on drugs.

“The global pharma market is expected to grow at 7 per cent to 8 per cent over the next five years, reaching an anticipated US $1.7 trillion in 2020,” Motiwala said, adding that India is going to rank among top ten global players by 2015 itself.

Ref and Read more: http://economictimes.indiatimes.com/news/news-by-industry/healthcare/biotech/pharmaceuticals/indian-pharma-industry-to-be-in-global-top-5-by-2020-ikon-marketing-consultant/articleshow/9965913.cms

]]>

Recent Articles:

Scroll to Top