Growth of Indian Pharmaceutical Industry in 2018-2019

In India, there is a huge demand for pharma products. Rising population and changing eating habits is the main reason for bad health. Nowadays, every people consume medicines for better health and medicines are very important for human life. As we all know, India is the largest producer of pharma medicines. So the growth of the pharma industry is really good. So the future of the pharma industry is really bright.

Nowadays, people are living a very unhealthy lifestyle, which causes various health problems. For betterment quality medicines required. So this clearly indicates rise demand of pharma medicines. India is the third largest producer of drugs and export medicines to other countries also. So India considered a big player of the pharma industry.

For a career seeker, entering in the pharma industry is a great business opportunity. For earning high revenue proper guidance and back of reputed pharma company is very important. Among all, DM Pharma is the top leading pharma company in India, and offer a wide medicine range at the various segment. Joining the company for pharma franchise business is a great business deal. The company offers a genuine business opportunity.  Interested one feel free to contact us at +91 9872554244, +91 9877626706 and for more details, mail us at saarbiotechda@gmail.com

Future of Pharma industry

The Pharma industry has posted double-digit growth over the last few years, rising to US $36.7 Billion in 2017 and expected to grow to the US $55 Billion by 2020. Now India is among the top five pharmaceutical emerging markets of the world and that days are not far when India is known as Pharma market leader. The country exports its medicines in more than 200 countries.

The person who wants to enter in the independent business field, Pharmaceutical is the best and most suitable sector. The person gets a good exposure to working in the pharma industry. Pharma companies manufacture medicines in bulk, and PCD Pharma franchise is the best way for distribution.

India at the global market

The Indian pharma market valued US$ 33 billion in 2017. The pharmaceutical industry is expected to expand at a CAGR of 22.4 percent over 2015–20 to reach US$ 55 billion. India’s pharmaceutical exports stood at US$ 17.27 billion in FY18 and have reached US$ 10.80 billion in FY19.

The Government Efforts for pharma industry-

•             Between Jul-Sep 2018, Indian pharma sector witnessed 39 PE investment deals worth US$ 217 million.

•             Investment as a percentage (%) of sales in research & development by Indian pharma companies* increased by 5.3 percent to8.5 percent in FY18.

•             In 2017, Indian pharma industry  witnessed 46 merger & acquisition deals worth US$ 1.47 billion

•             The exports of the Indian pharmaceutical industry to the US will get a quick boost, as branded medicines worth US$ 55 billion will become off-patent during 2017-2019.

Benefits of Investing in Pharma industry for PCD Pharma franchise Business-

Investing in the pharma industry, for PCD pharma franchise is a great business deal. One can earn good income and run his business successfully in the field. Here in this section, we are sharing the list of benefits-

·         Low investment required

·         Genuine business planning

·         Low sales target

·         A great market to explore and for sales

·         Free promotional and marketing support from the pharma company

·         No work pressure

Affiliating with the pharma company for franchise business is a great business deal. One can see good growth and can earn high revenue from this business.

Conclusion

To sum up, we can say the pharmaceutical industry has a great future and this is the most profitable and revenue generating a business field. Entering in the pharma industry for  franchise business is a great platform to showcase business skills.