The Indian pharmaceutical sector is going to witness growth in hiring next year.
As per the industry experts, there is immense growth potential in the pharma sector with 10% job increase next year. Companies such as Novartis and Biocon, and hospital chains such as Apollo and Fortis Healthcare also pronounced that the sector will see a surge in hiring across positions like administration, diagnostics etc.
Jacob Jacob, Chief People Officer, Apollo says, “Apollo Hospitals would require specialists in medical care, including doctors, nursing staff, and allied health professionals.” He adds in coming years, they will hire 20,000 employees to increase its current strength of existing 70,000 staff.
Novartis, Swiss drugmaker claims that there is expected to be a hiring boost in the first quarter of 2017 as pharma industry will look forward to strengthen its pipeline. There will be greater demand for personnel in the departments like key account management, patient support, and market access.
Also, as per media reports, there will be a greater alliance between Indian and global pharma companies that will help to leverage innovation and scale largely next year; thereby producing more jobs.
As per Willis Towers Watson survey 2017 , salaries in India are projected to increase by 10% in 2017, with pharmaceutical sector continuing to project higher salary increases as compared to most other sectors at 11%.
Source : Economic Times