What is the Future of the Indian Pharma Industry?

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What is the Future of the Indian Pharma Industry?
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Introduction

• In the past five years, India has made a name
  for itself as a major exporter of pharmaceuticals
  and medication.
• India supplies over 50 of the worlds
  prescription drug needs.
• The pharmaceutical industry in India has
  contributed significantly to global healthcare by
  providing high-quality, affordable, and
  accessible medicines.
• Comprising over 3,000 pharma companies and
  10,500 manufacturing facilities, India
  contributes over 20 percent by value to the
  global generics market, with Indian products
  contributing around 40 percent of the US drugs.

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Indian Pharma industry is also facing several
challenges

• Supply chain disruption
• Lack of capabilities in the innovation space
• Generics market exports
• Quality compliance inquiry
• Collection and analysis of vast amounts of data.
• Workforce optimization

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Competitors

• Indian pharma industry faces stiff competition
  from firms in China, Japan, and Israel to develop
  new medicines.
• If the government and pharmaceutical industry
  work together on the challenges India pharma
  faces, India will see more heights in the future.
• India is the 12th largest exporter of medical
  goods in the world. The countrys pharma industry
  contributes 6.6 of the total merchandise exports.

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Contact Us

• If you are searching for pharma companies in
  Chandigarh, then contact Macro Labs Pvt. Ltd.
• https//www.facebook.com/MACROLABS.IN/
• https//in.linkedin.com/in/macro-labs-140405131
• 91-9056280280