Vol. 4 No. 3 (2014): Vol 4, Iss 3, Year 2014
Articles

A study on financial performance of pharmaceutical industry in india

Vijayalakshmi V
Assistant Professor, Kovai Kalaimagal college of Arts and science, Narasipuram(po), Coimbatore-641109
Srividya M
Research Scholar, Kovai Kalaimagal college of Arts and science, Narasipuram(po), Coimbatore.
Published December 30, 2014
Keywords
  • capabilities,technology,medicines,sophisticated,antibiotics,fragmented.
How to Cite
V, V., & M, S. (2014). A study on financial performance of pharmaceutical industry in india. Journal of Management and Science, 4(3), 191-209. https://doi.org/10.26524/jms.2014.18

Abstract

The Indian Pharmaceutical sector is highly fragmented with more than 20,000 registered units. It has expended drastically in the last two decades. The pharmaceutical and chemical industry in India is an extremely fragmented market with severe price competition and government price control. The Pharmaceutical Industry in India meets around 705 of the country‟s demand for bulk drugs, drug intermediates, pharmaceutical formulation, chemicals,
tablets, orals and injectibles. There are approximately 250 large units and about 8000 small-scale units, which form the core of the Pharmaceutical Industry in India (including 5 central public sector units) Looking ahead, the worldwide pharma market is estimated to more than double to $1.3 billion by the year 2020.The Indian Pharmaceutical Industry is developing drastically every year. Hence an attempt has been made to analyze the profitability position of the industry with
the help of mean, standard deviation, co-efficient of variation, multiple regression, and analysis of variance. The increase in profitability will not only yield greater efficiency but also improve financial performance in future.

Downloads

Download data is not yet available.