Pharma sector growth may slow down to 13%

摘要

THE Indian pharma industry is expected to register subdued growth of12-13% in 2011 due to weak macro factors and increasing competition from unlisted players and MNC pharma companies, an industry analyst said.Domestic Indian companies are the ones that will be impacted the most by this slowdown."We expect 2011 will be a subdued year in terms of growth of the pharma industry. The industry will grow by 12-13% in 2011, which will rebound in 2012 to normal growth of 14-15%," Emkay Global Financial Services Senior Research Analyst Deepak Malik said in a pharma sector research report.