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Boom Seen Ahead For India’s Pharma, Health Sector

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In just three years, the healthcare/pharmaceutical sector in India will grow from the current $65 billion US to $100 billion US, fueled, in part, by Big Pharma’s  outsourcing of services and the growing partnering with manufacturers. Medical tourism, and the increasing availability of employer-provided health insurance in India, is also driving growth. The Economic Times says the industry’s growth will add millions — as many as 40 million by 2020 — new jobs to the Indian economy. Not only medical and biotech professionals will be in demand, but, says the report, other professionals and managers will be sought. The Economic Times


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