Job spurt seen in Indian pharma industry in 2015
Responding to the requirement of pharmaceutical industry and the recent development in pharma education, healthcare research institutions of the...
Hyderabad: Responding to the requirement of pharmaceutical industry and the recent development in pharma education, healthcare research institutions of the country, The IIHMR University invites applications for MBA in Pharmaceutical Management.As per Mc Kinsey report-India Pharma 2015 – Unlocking the Potential of the Indian Pharmaceutical Market, the pharma industry has immense opportunities and has a projected market growth of USD 24 billion by 2015 and USD 55 billion by 2020.
The hospital segment will increase its share and influence, growing to 25 per cent of the market in 2020. Forecasting the growth factors and the employment opportunities that will rise to over 4 million by 2025, Dr Gupta, President of The IIHMR University, said, “We see tremendous growth in the pharmaceutical sector, with rising investments in life sciences, bulk drug manufacturing and the growing exports from both AP and Telangana.
As per the PwC study Indian Pharma Inc. the industry is likely to be in the top ten global markets in value terms by 2020.” Dr Gupta also mentioned that, “To answer this requirement and a growing need of talent pool, it is indeed a growing challenge for the academia, to transform the students into management professionals. Since the inception of this programme, we have experienced keen interest of industry recruiters in our students.
Our placement partners have also motivated us to generate best of the talents that has been recognised by domestic and global organisations.” To launch out the desired resources for the pharma industry, The IIHMR University offers a support system that ensures a focused involvement of both academia and industry. As an academic institution, The IIHMR University has systems and procedures to ensure that industry expectations are met without any compromise on academic aspirations.