Tag Archives: Indian Pharmaceutical Market

Indian pharmaceutical market to reach $56 billion in 2020

New Delhi: Driven by the country’s growing economy and population income, the Indian pharmaceutical market will increase significantly from approximately $21 billion in 2013 to $56 billion in 2020, at a compound annual growth rate (CAGR) of 15%, forecasts research and consulting firm, Research & Markets.

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Indian pharmaceutical industry responsible for 10% of world pharmaceutical production

Washington: The Indian pharmaceutical industry is responsible for around 10 per cent of the world pharmaceutical production, according to a report by MarketResearch.com.

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