In the healthcare globally, the Pharmaceutical industry in India is significantly contributing and growing. Including drugs and medical devices, the Department of Pharmaceuticals has estimated the current size of the industry is about USD 41 Billion and pharma recruitment agency in India provide recruitment support. Around USD 19.13 Billion in FY 2018-19 stood the exports at recording a growth of 10.72% over the previous fiscal years and pharma placement consultancy in India provide services in placement and consultancy. For Indian and global markets, Indian pharmaceuticals continues to play a substantial role in manufacturing various important pharmaceuticals products, high‐quality and cost-efficient medicines. With the domination of branded generics, local brands and low-price levels with intense competition, the pharmaceutical industries in India has unique characteristics. India plays an important role in the manufacturing and supplying of medicines globally that known as the “Pharmacy of the World”. From India, the pharmaceutical products exports to reach more than 200 countries in the world and the pharma recruitment consultancy in India provide consultancy service. India pharmaceutical products preferred around the world because of their high quality and low price. India is 4th largest by volume and 10th largest by value among the top 10 formulation exporting countries in the world. In the world India is the largest generic only medicine exporter, accounting for 20% of the global exports in generics.
 
The current size of the industry is around USD 43 Billion and it is growing at a rate of 7-8% in the drug sector and 15-16% in the medical devices sector according to the Department of Pharmaceuticals and the pharma manpower consultancy in India that provide services in manpower also. Currently, the industry’s contribution to the Gross Domestic Product is about 1.72%. The total drugs and medicines exported globally by India and contributes 3.5%.The annual trade surplus of India for the year 2018-19 was about USD 13.10 Billion and has consistently maintained a trade surplus since the year 2010-11 and top pharma industry recruitment agency in India give services in many ways. In India has shown tremendous progress by the Pharmaceuticals industry in terms of infrastructure development, a wide range of products and technology base. The industry has developed GMP Certified i.e. Good Manufacturing Practices facilities to produce different dosage forms of medicines. Other than manufacturing hubs in the world, India has the second-highest number of United States Food and Drug Administration (USFDA) approved facilities and lower labour costs in India. The Pharmaceutical industry in India has grown rapidly despite of recent headwinds and is likely to become one of the top 3 Pharmaceutical industries by 2030. India supplying over 20% of the demand in major geographies due to increasing demand in global markets and the best pharma recruitment agency in India provide best services in many ways. Also generic penetration in high-value healthcare markets is growing significantly.

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