Pharmaceutical Industry in India – PEST Framework Analysis
The Indian pharmaceutical is the third biggest in the world in terms of volume. The pharmaceutical industry in India is concentrated in Hyderabad, Ahmedabad, Bangalore and Mumbai. It is one of the fastest growing sectors of the Indian economy and has made rapid development over the years. The industry has gained global recognition as a producer of low cost high quality bulk drugs and formulations.
Aruvian Research analyzes the Pharmaceutical Industry in India in a PEST Framework Analysis. A PEST analysis is concerned with the environmental influences on a business. The acronym stands for the Political, Economic, Social and Technological issues that could affect the strategic development of a business.
Apart from the PEST analysis on the industry, the report also includes a brief analysis of the industry, looking at an industry overview, industry value, industry trends and an industry outlook.