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What is Indian Pharmaceutical Industry Growth Forecast about?
The document summarizes the growth forecast for the Indian pharmaceutical industry. It predicts that the Indian pharmaceutical market will triple in size from $6.3 billion in 2005 to $20 billion in 2015, representing a compound annual growth rate of 12.3%. This rapid growth will be driven by factors such as a growing and aging population, rising incomes, expansion of rural markets and healthcare infrastructure, and the increased availability of patented drugs. By 2020, India
- Author
- Yogita Ghag Gaikwad
- Language
- EN