The outbreak of the coronavirus pandemic made us realize the importance of medicines. Until the arrival of vaccines, doctors were relying on medications to cure the patients of coronavirus. Amidst the pandemic, India emerged as a ray of hope for others as it exported antiviral drugs such as Remdesivir, Hydroxychloroquine, Paracetamol, and Azithromycin in bulk to fight against COVID-19. Additionally, India came into the limelight and was praised by people worldwide for supplying COVID-19 vaccines- Covishield and Covaxin to over 40 countries amid the increasing demand at home.
Pharma Industry In India: An Overview
Pharma Industry in India is growing at an incredible velocity. At present in the world, India is the largest distributor of generic drugs and has secured the third rank in producing drugs by volume. Also, the Indian pharmaceutical industry ranks fourteen by value among 195 countries in the world.
A report published by the India Brand Equity Foundation (IBEF) suggests that India comprises 3,000 drug companies and 10,500 manufacturing units. The report also showed that the pharma industry is expected to climb USD 100 billion in the next five years. Also, India’s pharma industry is projected to grow three times in the next ten years, reveals the Economic Survey 2020-21.
The world witnessed the milestone achieved by the market players of the pharma industry in India during the coronavirus pandemic. Even the Government of India (GoI) is boosting the pharma industry by introducing several policies like Pharma Vision 2020, FDI, low cost of production, and health insurance. These opportunities have paved the way for India’s pharma industries and pushed them to compete on a global stage.
On November 13, 2020, Prime Minister of India Narendra Modi dedicated two future-ready Ayurveda Institutions to the nation, the Press Trust of India said. On the same day, the World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus issued a video statement, promising to establish a Global Centre for Traditional Medicine in India.
Therefore, it is the right time for students to make a career in the pharmaceutical industry for a bright future.
How To Make A Career In Pharma?
An aspiring student can pursue a four-year undergraduate B. Pharmacy program to launch their career in the pharmacy sector. The course offers students a deep understanding of pharmaceutical chemistry, pharmaceutics, pharmacology, and pharmacognosy.
Students who pursue the program from a leading college of Dehradun, Uttarakhand, will get a chance to learn about Artificial Intelligence (AI), Machine Learning (ML), Design Thinking, and Data Analytics during the course.
A student can become Drug Inspector, Pharmacist, Business Research Analyst after completing the program. If you are wondering about the B. Pharmacy eligibility criteria, we are here to help you.
What Are The Eligibility Criteria For Pursuing A B. Pharma Program?
An aspirant of B. Pharma is required to score a minimum of 50% marks at both matriculation and intermediate level with Physics, Chemistry, Biology/Maths, and English as major subjects.
If you are looking for a rewarding career in the fastest-growing industry globally, enroll in the program today!