The Future of Generic Medicine Retail in India
Sep 05, 2025
Ahmedabad (Gujarat) [India], September 5: India's pharmacy and healthcare sector has emerged as one of the most dynamic industries in the world, driven by a growing population, increasing healthcare needs, and rising demand for affordable medicines. With a market valued at over Rs. 2 lakh crore in 2024, the pharmaceutical retail sector continues to expand at a compound annual growth rate (CAGR) of around 10-12%. This growth reflects not only rising disposable incomes and urbanization but also the persistent burden of chronic diseases such as diabetes, hypertension, and cardiovascular conditions that require lifelong medication.
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