Special Feature On Pharmaceutical & Healthcare Industry

Keeping Good Health

The corona virus pandemic drew everyone’s attention to the need for basic medical facilities across the country, elevating the pharmaceutical and healthcare industries and compelling the government to pay greater attention to them. Mandar Wagh describes how being a major participant in terms of both volume and value globally, the government’s emphasis and initiatives all contribute to the success of the industry

The pharmaceutical and healthcare sectors have unquestionably remained resilient despite the unreliable market, and their stocks have continued to outperform. The enormous potential created by the need for vaccinations and medical services on a global scale as a result of the corona virus pandemic accelerated the industry’s growth while continuous government focus and initiatives added to the industry’s optimism. The Indian pharmaceutical and healthcare industry offers significant economic contribution to the country. Hospitals, medical devices, telemedicine, medical tourism, health insurance, clinical trials and outsourcing are all part of the Indian healthcare industry.