|
Pharmaceuticals Industry
The growth rate for the domestic Indian pharmaceutical market is set to
rise over medium-term, according to a research report. The revenue CAGR
(compound annual growth rate) over the past three years had been 12.4%,
but it is expected to be up at 15.3% from FY12 to FY14, according to
Barclays Capital Equity Research report-- India Healthcare &
Pharmaceuticals.
Chemicals Industry
With Asia’s growing contribution to the global chemical industry,
India emerges as one of the focus destinations for chemicalcompanies
worldwide. With the current size of approximately $108 billion, the
Indian chemical industry accounts for around 3% of the global chemical
industry. With current initiatives of industry & government, the
Indian chemical industry could grow at 11% p.a. to reach size of $224
billion by 2017. However, in an optimistic scenario the chemical
industry could lead to an overall growth rate of over 15% p.a. and a
size of $290 billion by 2017 (around 6% of global industry). |