Pharma & Healthcare Analytics Is Going To Be The Next Big Thing In India

The Indian pharmaceutical industry has emerged as a significant contributor to the global pharmaceutical industry. As per the report by the Federation of Indian Chamber of Commerce and Industries (FICCI), "India is the largest provider of generic drugs globally. Presently over 80 per cent of the antiretroviral drugs used globally to combat AIDS (Acquired Immune Deficiency Syndrome) is supplied by Indian pharmaceutical firms." In 2017, the Indian pharmaceutical industry was valued at $33 billion. The industry is expected to grow at a CAGR of 22.4 per cent over 2015–20 to reach $55 billion.