Pharmaceuticals Manufacturing Industry in India - A $41.92 Billion Opportunity by 2020, Reveals New Market Research Report by NOVONOUS
Pharmaceuticals Manufacturing Industry in India is expected to be worth US$ 41.92 billion by 2020, finds a new research report launched by NOVONOUS. Indian pharmaceuticals manufacturing market is expected to grow at a CAGR of 19.76% by 2020. This is despite slowing growth in developed markets; players in generics are expected to perform reasonably well due to significant numbers of exclusivity losses and patent expirations on leading drugs in the upcoming years.
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