Pharmaceutical Market in India (Category-Large Scale Enterprise ,Medium Scale Enterprise and Small Scale Enterprise) Industry Analysis, Volume, Share, Growth,Challenges, Trends, and Forecast 2016 – 2025.

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Pharmaceutical Market in India: Snapshot

Pharmaceutical industry has shown significant growth globally and in India.Indian Automobile market accounts 2% of the country’s gross domestic product (GDP). Currently industry is growing at CAGR of 15.85% (in terms of value).Pharmaceutical industry in India valued US$ 42.52 bn in 2017 and expected to reach US$ 137.96 bn by 2022.

India is the largest provider of generic drugs globally with the Indian generics accounting for 20 per cent of global exports in terms of volume. Also,The government of India has allowed foreign direct investment (FDI) up to 100% since 2001 through the automatic route in the drugs and Pharmaceuticals industry of the country, on the condition, that the activity should not fall into the categories that require licensing.