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Pharma Jobs in Hyderabad

India is the largest producer of generic medicine in the world. Furthermore, it is important to note that the Indian pharmaceutical industry is in charge of supplying over 50% of the world over the demand of vaccines, 25% of all generic medicines in the UK and 40% of all generic medicines in the USA. Also, the country enjoys a large pool of doctors, scientists, and engineers who have tremendous potential to steer the industry even further. It is also noteworthy that over 80% of antiretroviral drugs used in combating the AIDS disease is supplied by the Indian pharmaceutical industry. The pharma sector is expected to grow at a CAGR of 22.4% from 2015 to 2020 to reach a total of US$ 55 billion. The total pharma exports stood at a staggering US$ 17.27 billion in 2017-18.

The government of India also supports the industry, considering its growth potential, by providing several initiatives. For instance, the government has given approval on allowing 100% FDI in the pharmaceutical sector under the automatic route providing certain conditions. As per data by the Department of Industrial Policy and Promotion, the pharma FDI inflow stood at US$ 15.59 billion from 2000-2017. Other government initiatives include – plan to set up an electronic platform to regulate online pharmacies; introduction of Drug Price Control to enhance affordability, etc.
 

Healthcare Jobs in Hyderabad

As per research, medicine spending is expected to grow at a rate of 12% between 2018-2022 in the country to reach US$ 30 billion. This is mainly driven by increased consumer demand and spending, raising health issues among Indians, and rapid urbanization. As such, there is an array of pharma jobs in Hyderabad. The city being one of the metros in the country which is growing rapidly on account of rapid urbanization, long standing relationship with technology, and a good history with scientific research.

There is an array of healthcare jobs in Hyderabad where talented and skilled professionals are in high demand. For instance, Hyderabad offers the third highest national CTC recorded at INR 13.61 lac per annum to professionals. Also, a senior specialty doctor earns upto INR 30 lac per annum – highest in the country and matches that of Bengaluru as well. Furthermore, a mid-senior research analyst earns an average CTC of INR 12.66 lac per annum – the second highest in the country.
 
Therefore, along with the lines of stupendous growth the country is expected to face in the coming years in the field of pharma and healthcare, there are plenty of healthcare jobs in Hyderabad for talented and skilled professionals. Randstad offers an opportunity for skilled and talented professionals in the healthcare industry to browse through attractive jobs in Hyderabad. Submit your CV with us today!

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