How Pharma Franchise Business helps Small Pharma Companies?
Pharma Industry is one of the most flourishing industry today. The Pharmaceutical sector of India was valued at US$33 billion in 2017. While the Government of India started encouraging the growth of medicine manufacturing in the early 1960s, by which it started growing and in 2018 it was valued at Rs 129,015 crore. Furthermore, it is vividly seen that it is growing with a CAGR rate of 9.4% in India. So, the scope is wide for Pharma business in India. However small pharma companies are also contributing their part in the growth of the Pharma business.
Firstly, we introduce you to Texas Pharmaceutical, a Leading Name In the pharmaceutical industry. The company comes up with the latest and wide ranges of medicines. You can look at the Company product portfolio as well, all the products are approved by DCGI. At the Company site, all the manufacturing plants are WHO and GMP Certified. If you are looking for the PCD Pharma Franchise Business Opportunity. Then you should consider the Top PCD Pharma Franchise Business Company - Texas Pharmaceutical.
How Pharma Franchise Business Helps Small Pharma Companies
Many factors contribute to growing small companies' growth.
- It Builds the Competition: Pharma Franchise Business model is the way to compete with the large cartel pharma Companies. As it builds the competition and helps in the growth of Small Pharma Ventures.
- Wide Scope in India: India is a huge market for the Pharmaceutical sector. Many Pharma Companies provide their PCD Franchise business Opportunity. The model is a well-established and proven model across the world. Hence, the risk is minimum.
- Pharma Franchise Business Required less Amount: Pharma Franchise Business is one of the cheapest investment business to start in India. PCD Franchise Business required less amount to start. However, their no such kind of risk in this business.
While India is the largest hub for the Generic drug Market sector globally, it supplies over 50% of generic drugs that cover various vaccines. Even the US and the Uk supply 40 and 25% of all medicines, India's Drug Market sector supply 50% which is too wide.
How Big is India's Pharmaceutical Industry?
It is expected that the India Drug Market will grow to US$25 Billion by 2025. Because the drug supplies globally in India are too huge. There are many pharmaceuticals exports from India like intermediates, drug formulations, biologicals, Ayush and herbal products, and surgical.
The Union Cabinet has given its nod for the amendment of the existing Foreign Direct Investment (FDI) policy in the pharmaceutical sector to allow FDI up to 100% under the automatic route for manufacturing of medical devices subject to certain conditions.
The drugs and pharmaceuticals sector attracted cumulative FDI inflow worth US$ 16.54 billion between April 2000 and June 2020 according to the data released by the Department for Promotion of Industry and Internal Trade (DPIIT).
Associate with Texas Pharmaceuticals
Texas Pharmaceutical is an ISO Certified Pharma Company Deals in Wide Ranges of Pharma Products.
Name- Texas Pharmaceuticals
Address: S.C.O NO – 4, Dev Shopping Complex, Bhabat Rd, Zirakpur, Punjab 140603
Phone: +91-8146661517, +91-8146665537, +918146665539
Email: marketing@texasusa.in
Comments
Post a Comment