Tuesday, May 04, 2010

Jaii Hooo

Yesterday Economic times headline "Dr Reddy's, Elder Pharma and Mankind Pharma to hire 3,000 people".....According to the sources
  • Dr Reddy’s, Elder Pharma and Mankind Pharma each plan to hire 1,000 people in their marketing and sales force this year, Prabir Jha, global chief of HR at Dr Reddy’s, says the company had recruited 2,300 people last year.
  • Lupin to add  800.
  • GSK India had said it would hire about 300 people this year.......
  • Novartis has also started hiring for its CI captive office in Hyderabad and Bristol Mayer Squibb for its Mumbai corporate office.
  According to the sources Indian local drug market is growing at over 17%. “So at even 15% growth, a Rs 10,000 crore market will be created next year...........

1 comment:

  1. India is a growing market and with even generic pharmaceuticals needing to be marketed to doctors and pharmacist. These marketing efforts will take extremely large sales forces so expansion is inevitable, however, the trick will be not to expand too fast and get too rep heavy.

    ReplyDelete