Pharmaleaders TV
You are here:  / Deals / Sales / Strategy / World news / India’s pharmaceutical sector is poised to grow from $21.7 billion currently, to $36.7 billion by 2015. Japanese market is estimated to be around $120 billion.

India’s pharmaceutical sector is poised to grow from $21.7 billion currently, to $36.7 billion by 2015. Japanese market is estimated to be around $120 billion.

Care World TV

A delegation of pharmaceutical firms from Japan’s Toyama prefecture today indicated that Japanese companies are keen to collaborate with Indian pharma companies in trade and technology development.

At a meeting organised by the industry chamber FICCI here, leader of the Japanese pharmaceutical delegation Yasuhiko Shioi said that companies from Japan are keen to collaborate with Indian pharma companies.

“Indian and Japanese companies could also undertake joint market research and product development for world market as also jointly develop new technologies,” Shioi added.

Toyama, which is recognised as the cluster city of pharmaceutical industry in Japan, has around 100 companies.

“We are looking for long term partnerships with Indian companies. There is immense scope of exporting Japanese products to Indian market and similarly Indian products can be traded in the Japanese market,” Hamano International President, Shoichiro Hamano said.

Speaking at the event, Indian Drug Manufacturers’ Association (IDMA) Secretary General, Daara Patel said India is one of the world’s largest and most developed in pharma sector.

He also highlighted availability of huge talent pool for sustaining and growing operations are making India an attractive choice for global pharma companies for investment, tie-ups, mergers and acquisitions.

India’s pharmaceutical sector is poised to grow from $21.7 billion currently, to $36.7 billion by 2015. Japanese market is estimated to be around $120 billion.

PHARMALEADERS

Pharmaleaders is India’s first opinion based & research driven bi-monthly magazine & has a decade of relentless reporting in Pharma Journalism in an unbiased, fearless & independent way. Over the last one decade, The Magazine has covered some of the biggest voices in the healthcare Industry. Available both in digital & printed format, Pharmaleaders has emerged out as a leading title in voicing the opinion of the healthcare industry.

LEAVE A REPLY

Your email address will not be published. Required fields are marked ( required )

This site uses Akismet to reduce spam. Learn how your comment data is processed.

December 2018
M T W T F S S
« Nov    
 12
3456789
10111213141516
17181920212223
24252627282930
31  
Follow us
Contact us

Network 7 Meadia Group

Plot 5, NS Road No. 12, JVPD, Juhu Scheme, Mumbai, Maharashtra 400049. debashish.mishra@network7mediagroup.com