March 10, 2025 4:53 PM

Indian pharma market to grow 8-9 per cent in FY26: report

The Indian pharmaceutical market is expected to grow 8-9 per cent year-on-year in FY26, according to a report on Monday. The report by India Ratings and Research (Ind-Ra) said the growth in the sector will be at 7.5-8.0 per cent year-on-year for FY25. This is “against 6.5 per cent year-on-year in FY24 and 9.9 per cent YoY growth in FY23,” said Krishnanath Munde, associate director at India Ratings and Research. In February, the pharma market delivered revenue growth of 7.5 per cent year-o...