According to PriceWaterhouseCoopers (PwC), by 2020 India will be one of the top pharmaceutical markets in the world. This could potentially lead a growth in pharmaceutical jobs in India.
Sujay Shetty, Associate Director of Pharma and Life Sciences at PwC India stated, “Global players in the pharmaceutical industry are seeing immense prospects in the Indian market due to its sheer demographic profile. The pharmaceutical industry’s main markets are battling serious pressure. India could be the most populous country in the world by 2050 and is now making its mark as a growing market, potential competitor or partner in manufacturing and R&D, and as a location for clinical trials.”
Indian pharmaceutical companies are world leaders in the production of generics and vaccines, in fact, India produces 20 per cent of the world’s generics.
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