ICRA Pharma Industry - Market Structure.pdfVIP

GThesizeoftheIndianpharmaceuticalindustryisestimatedatRs.231billion,growingattheannualrateof17%(compoundedannualgrowthrateforFY1996-2001).GTheIndianpharmaceuticalindustryisthefourthlargestgloballyinvolumeterms,andisalmostself-sufficient.However,thegrowthinthebulkdrugssegmenthasbeenhigherthanthatinformulations,primarilybecauseofexports.GTherearearound20,053playersintheIndianpharmaceuticalindustr...