INDIAN PHARMACEUTICAL INDUSTRY-A PLETHORA OF SUSTAINABLE GROWTH OPPORTUNITIES FOR PHARMA BUSINESS ASPIRANTS

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MOMENTOUS ECONOMIC GROWTH OF INDIA:

According to India Brand Equity Foundation over the period of 2012-20, total healthcare spending is expected to rise at a CAGR of 20 percent from US$ 65 billion to US$ 280 billion,with the pharmaceutical sales spending expected to increase to 27 percent by 2016 from 18.9 percent in 2008nbsp taking into account the percentage of the total healthcare spending [2]. It is quite evident from the figures that India

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