DETERMINING THE PROFITABILITY OF SELECTED PHARMACEUTICAL COMPANIES IN INDIA

Volume 20 No 9 (2022)

Tamilselvan. B,

DOI: 10.14704/nq.2022.20.9.NQ440039

Abstract

Pharmaceutical Sector is one of the fast growing sector in the world. Indian pharma companies are not an exemption to it. Indian Pharma Industry is the 3rd largest in the world which caters almost 20% of the volume and 3.5% of the exports. It covers almost 200 countries and territories in 2021. At Global level India is the most supplier of generic drugs. At the same time there is a huge competition among the pharma companies in India. The COVID-19 pandemic impacted the pharma sector positively. Most companies have increased their production and thereby their profitability. This paper aims on studying the profitability position of the selected pharma companies in India and its determinants.

Keywords

Pharma Companies, Drugs, Profitability, Exports, Territories

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