Pharma industry in India?

Pharma industry in India?
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India is among the leading global producer of generic medicine and vaccine, contributing to 20% of the total global demand by volume in 2018. The country also has a large pool of scientists and engineer who have the potential to steer the industry ahead to an even higher level. Over 80% of the antiretroviral drugs used globally to combat AIDS are supplied by Indian pharmaceutical companies. Data collection and Survey shows medicine spending in India is projected to grow 9-12% over the next five years, which will lead India to become one of the top 10 countries in terms of medicine spending. The pharma sector is valued to be $33 billion in the year 2017 and is expected to reach $55 billion in the year 2020 with a CAGR of 22.4%. The pharma export from India stood at $15.52 billion in the yea
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