Indian Pharma Market (IPM) Key Insights for Sep 2014: IPM grew by 578 Crores over Aug 2014 & 1227 Crs over Sep 2013.
The Seasonal spike seen in 2012 from July onwards, which peaks in Sep/Oct and comes down in Nov, was not observed last year due to DPCO / NLEM issues. Hence we are entering a phase where on low base of last year, the growth rates are expected to be in strong double digits for the next 3-4 months.
Source: AIOCD Pharmasofttech AWACS