Mar 02
Recession has bitten almost entire Retail Sector, but in India, Pharma Retail is a format which has been growing and is still growing. And this is quite obvious as customer can postpone their spending on everything other than pharma products. In 2008, it grew by 10% and this year it has started very optimisticaly with growth for January being 15% and the domestic retail market value being Rs. 2908 crore.
Top 5 Pharma Companies:
| Rank | Pharma Company |
| 1 | Cipla |
| 2 | Ranbaxy |
| 3 | GlaxoSmithKline |
| 4 | Piramal Healthcare |
| 5 | Zydus Cadila |
- 
Rajeev Damani 
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March 4th, 2009 at 10:41 am
It shall keep growing also. From a perspective of Business, they have not been using up ink, announcing thousands of retail presence; neither have they been trying to pull down each other in terms of recruitment. Most of them have been capitalizing on their extremely strong, robust back end - C&F; Distributors; Dealers; Traders with help more when one of them decides to enter the retail arena. There is no under cutting, discount sale & what have you:)
On a social aspect:) when you consider medicines/medical aid etc. which in any case is a priority, when the going is good, you do not have the time to be healthy except try out medicines with promise AND when the going is bad all the more reasons for ailments to come up, since all of it can be blamed on economy - recession, deflation, inflation what have you. To over come which you need pharma:)
So it is a Win Win situation for them alright….
March 4th, 2009 at 7:51 pm
Very True Anaggh