Performance Analysis of the Indian Pharmaceutical Industry: A Global Outlook

The Indian Pharmaceutical Industry (IPI) has grown exponentially over the last few decades; however, recent global competition is forcing the industry to examine its performance focusing on productivity, efficiency and growth capabilities. While the industry as a whole has proved resilient to economic slowdowns, the performance of individual firms in the industry have displayed large disparities. There is also evidence of disparity among the Indian states.

Efficiency and productivity act as...