In the past two years, the hospital industry in India clocked a healthy 13-14% compound annual growth rate (CAGR), driven by deeper penetration of healthcare insurance, increasing incidence of non-communicable diseases, growth in urbanisation and awareness, and booming medical tourism.
FMCG growth to recover to double digits in fiscal 2021
An expected recovery in rural demand, coupled with steady urban demand, is set to lift revenue growth of the Rs 4.0 lakh crore fast-moving consumer goods (FMCG) sector to 10-11% in fiscal 2021
Warning letters issued by the US Food and Drug Administration (FDA) to large Indian pharmaceutical firms1 more than doubled in the first ten months of calendar 2019 compared with 2018.
Analytica