Indian Pharmaceutical Industry Expects to create 45000 more jobs in India in 2015 – EquityBulls.com

According to McKinsey report of India Pharma 2015 – Unlocking the Potential of the Indian Pharmaceutical Market, the Pharma industry has immense opportunities and has a projected market growth of USD 24 billion by 2015 and USD 55 billion by 2020. Through discussions by the Pharma Industry experts it was evolved that Metro and Tier-I markets will make significant contributions to growth, driven by rapid urbanization and greater economic development. Rural markets will grow the fastest driven by step-up from current poor levels of penetration. The hospital segment will increase its share and influence, growing to 25 per cent of the market in 2020.

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