{"id":3114,"date":"2021-06-10T06:46:52","date_gmt":"2021-06-10T06:46:52","guid":{"rendered":"https:\/\/www.iimtindia.net\/Blog\/?p=3114"},"modified":"2021-06-10T06:46:53","modified_gmt":"2021-06-10T06:46:53","slug":"future-of-pharmaceutical-industry-and-bachelor-of-pharmacy-aspirants","status":"publish","type":"post","link":"https:\/\/www.iimtindia.net\/Blog\/2021\/06\/future-of-pharmaceutical-industry-and-bachelor-of-pharmacy-aspirants\/","title":{"rendered":"Future of Pharmaceutical Industry and Bachelor of Pharmacy Aspirants"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"569\" src=\"https:\/\/www.iimtindia.net\/Blog\/wp-content\/uploads\/2021\/06\/pharmaceutical-1024x569.jpg\" alt=\"\" class=\"wp-image-3115\" srcset=\"https:\/\/www.iimtindia.net\/Blog\/wp-content\/uploads\/2021\/06\/pharmaceutical-1024x569.jpg 1024w, https:\/\/www.iimtindia.net\/Blog\/wp-content\/uploads\/2021\/06\/pharmaceutical-300x167.jpg 300w, https:\/\/www.iimtindia.net\/Blog\/wp-content\/uploads\/2021\/06\/pharmaceutical-768x427.jpg 768w, https:\/\/www.iimtindia.net\/Blog\/wp-content\/uploads\/2021\/06\/pharmaceutical.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Bachelor of Pharmacy<\/figcaption><\/figure>\n\n\n\n<p>Indian Pharma industry is called \u201cPharmacy of the world\u201d for well deserved reason as 20% of worlds generic medicines,  more than 60% of worlds vaccines are produced in India, and well qualified Bachelor of Pharmacy degree holders.<\/p>\n\n\n\n<p>Today when most sectors are sowing negative growth, pharma sector is expected to grow by seven to eight percent. At this rate our pharma industry can achieve a turnover&nbsp;&nbsp; of U.S. Dollar 90 billion by year 2030 from U.S. Dollar 38 billion in 2019. If we achieve a robust growth of elven to twelve percent we can reach a turnover of U.S. Dollar 120 billion by 2030.&nbsp; This means more than 3-fold growth in next 10 years.<\/p>\n\n\n\n<p>The contribution of Indian Pharma industry is 1.5 % to the GDP and now government also realizes its importance and due consideration is being given to the Pharma industry, hence new opportunities and more jobs.<\/p>\n\n\n\n<p>The first Parma company \u201cBengal Chemicals\u201d was established in 1892 at Calcutta. Today there are more than 3000 pharma companies and 10500 units.<\/p>\n\n\n\n<p>\u00a0Apart from core pharma jobs like production, R&amp;D, QA, QC sales &amp; Marketing etc. There are many new non- conventional jobs such as Clinical Research, Pharmacovigilance, Medical writing etc.\u00a0<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.iimtindia.net\/iimt-college-pharmacy\/\">Top Pharmacy College in Greater Noida<\/a><\/strong><\/p>\n\n\n\n<p>Keeping the above facts in mind we can easily understand that if the industry is growing at this rapid pace and new non-conventional sector opening for hiring of Pharmacy Graduatesthere will be a huge growth of manpower requirement also.<\/p>\n\n\n\n<p>The crucks of the story- A bright future waits for aspiring Pharmacists as this the golden era for Indian pharma Industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian Pharma industry is called \u201cPharmacy of the world\u201d for well deserved reason as 20% of worlds generic medicines, more than 60% of worlds vaccines are produced in India, and well qualified Bachelor of Pharmacy degree holders. Today when most sectors are sowing negative growth, pharma sector is expected to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3115,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[254,95],"tags":[253,96,97],"class_list":["post-3114","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-b-pharm","category-pharmacy","tag-bachelor-of-pharmacy","tag-best-pharmacy-college-in-delhi-ncr","tag-top-pharmacy-college-in-delhi-ncr"],"_links":{"self":[{"href":"https:\/\/www.iimtindia.net\/Blog\/wp-json\/wp\/v2\/posts\/3114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iimtindia.net\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iimtindia.net\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iimtindia.net\/Blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iimtindia.net\/Blog\/wp-json\/wp\/v2\/comments?post=3114"}],"version-history":[{"count":1,"href":"https:\/\/www.iimtindia.net\/Blog\/wp-json\/wp\/v2\/posts\/3114\/revisions"}],"predecessor-version":[{"id":3116,"href":"https:\/\/www.iimtindia.net\/Blog\/wp-json\/wp\/v2\/posts\/3114\/revisions\/3116"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iimtindia.net\/Blog\/wp-json\/wp\/v2\/media\/3115"}],"wp:attachment":[{"href":"https:\/\/www.iimtindia.net\/Blog\/wp-json\/wp\/v2\/media?parent=3114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iimtindia.net\/Blog\/wp-json\/wp\/v2\/categories?post=3114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iimtindia.net\/Blog\/wp-json\/wp\/v2\/tags?post=3114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}