An overview of Indian Pharmaceutical Industry by Pax Healthcare

Well, The Indian Pharma sector is fastest growing and hold a front rank in the market. The growth of the Pharma industry in India is quite impressive. Nowadays Healthcare is the basic need of every human life.  Changing lifestyle and eating habits hamper the demand of Pharma medicines. Today the Pharmaceutical industry is forced to work in an environment of stiff competition. Pharmaceutical companies found themselves in a market where the customer has more options than ever before and firms while competing with one another adopt restrictive or unfair practices, which are derogatory to the core of a competitive market


 Globally, the medical sector has been known for practices thwarting the spirit of competition and regulation. Medicines contribute supremely to the health of the nation. The discovery and use of drugs have improved many people’s life, reduced the need for surgical intervention and the length of time spent in the hospital and saved many lives. In India, there are so many pharma companies, which manufacture medicines, for quality medicines, always choose the right pharma company.

Pax Healthcare is the top pharma company which offers a wide medicine range at affordable prices. Now the company offering PCD Pharma Franchise also for the career seekers. Interested one feel free to contact us at +91- 9216325808,9216325807, 9317503300 and for more details, mail us at paxhealthcare@gmail.com

The advantage of the Pharmaceutical industry in India

India enjoys an important position in the global pharma Industry. As we all know India is the largest provider of generic drugs. So  India has a good position in the global market. There are various benefits and advantages of the Pharmaceutical sector-
1-      Cost efficiency – Low cost on manufacturing and increasing demand is make the pharma sector cost effective
2-     Economic growth – pharma industry is the one which helps in increasing economic growth and improves per capita income of the person.
3-     Policy Support-  The government of India is mission is to make India global leader for drug manufacturing till 2020.
4-     Increasing Investment – We can see most of the people investing in the pharma sector. The increasing popularity and high returns are the main reason for high investment in the pharmaceutical sector.

Here in this section, we are doing the SWOT analysis of the pharma sector.

Strength

      ·         Cost Effective
·         Strong manufacturing base·         Well developed·         Well-established network of laboratories and with good doctors·         Easy Access to highly trained scientists, both in India and abroad·         Strong marketing and distribution network
·         Rich biodiversity

Weakness

  •          Low technology
  •          Old equipment and machinery
  •          Low experience in International trade
  •          Low and poor strategic planning and implementation
  •          Corruptions

Opportunities

  •          Awareness for health
  •          Increasing income
  •          Instant and fast delivery options
  •          Aging the population
  •          More concerned for the usage of medicines
  •          New companies and growing market
  •          Easy international trading
  •          Contracts with leading MNC’s for manufacturing

Threats

  •          The high cost of sales
  •          Cost is high for entering the new market
  •          Competition is high on generic medicines
  •          High cost on discovering and manufacturing new products


This Analysis is very helpful for understanding every minute details of the pharma sector. One should consider all these facts before entering in Pharma industry. PCD Pharma Franchise is the best and easy way of exploring the pharmaceutical industry by low investment. This is a great business deal for setting up an independent business.

For a genuine business deal, collaborate with the leading pharma company Pax Healthcare. The company has a very strong background and hold a very strong and positive image in the market. Joining the company for business is a great platform to showcase business skills.

Conclusion

In the end, we can say the Pharma industry future is really bright. One can earn high if he joins Pharma franchise business.





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