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Monday, October 25, 2010

India's pharma industry set to quadruple by 2020

BIG opportunities await for those interested in the Indian Pharma Market

India's pharma industry set to quadruple by 2020: "The Indian pharmaceuticals market looks poised to grow to $55 billion in 2020, according to a new McKinsey & Company report — “India Pharma 2020: Propelling access and acceptance, realising true potential”. This will be a quadrupling of the market from the $12.6 billion the industry made in 2009. The report states that the pharma market has the further potential to reach $70 billion by 2020 if aggressive growth efforts are embraced."

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