The Pharmaceutical industry dates back long in the country but it started getting relevance only after 1970. With subsequent policy changes over the years, India has become the global hub of pharmacy sector. Today, India supplies over 60% of vaccines and drugs across the globe and contributes about 57% of APIs and 69% finished pharma products. Further growth in the sector is expected to happen by exploring newer markets, expanding collaborations with international agencies, improving access to medicines, up-skilling the workforce and promoting innovation.

India’s healthcare industry had an equally good growth story as pharmaceutical. Initially the dependence was on government funded hospitals but over the years the model has changed and now the dependence on private players is much more. Country’s Healthcare expenditure is about 4% of the  GDP with 70% of spending from private players. The growth of this sector is due to various strategies adopted by the companies like vertical integration, horizontal integration and diversification.

We are proud to have partnered with one of the world’s largest pharmaceutical company and a global medtech company to appoint people at leadership level.