The Pharmaceutical sector has experienced an unprecedented boom in the Indian context, and has ballooned to a $ 31 billion behemoth. This can largely be attributed to the advancements in medical infrastructure, rising disposable incomes, and ushering in of new entrants with unique business models as well as backed by government initiatives. India has now become the fastest growing pharma market with an expected CAGR of 19% by 2020 as it produces nearly 10% of the global demand by volume.
Upon surveying hundreds of Business and Talent leaders through primary survey and exhaustive conversations, we have prepared a comprehensive report to help you flourish in the constantly changing environment.
“The Pharma industry has faced many challenges in the last few years. Not only did they face a stoppage of production during the pandemic, but the sector also experienced structural headwinds. However, the sector is seeing recovery and an uptick in hiring.”
Sneak Peak
Pharma Sector’s hiring intent: 50% Positive
Employers are seeking to fill 58% of pharma positions with candidates in the 1-5 years’ work experience bracket, and allied higher education degrees are also preferred.
top skills in demand
Increasing export and stronger collaboration between academia and industry has enabled India to shine on the world stage with respect to the pharmaceutical industry.
- Robotics & Automation
- Artificial Intelligence
- Research & Development
- Internet of Things (IOT)
