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Contract drugs sector may grow at 18% in 5 yrs
August 27, 2025
|Financial Express Lucknow
Global Boost
THE COUNTRY'S CONTRACT research development and manufacturing organisation (CRDMO) sector, which is estimated at $3 billion, is expected to grow at an 18% CAGR (compounded annual growth rate) between FY25 and FY30. This will be higher than the 14% growth rate seen in the past five years, according to a report by Jefferies.
The accelerated growth is attributed to strong pipeline visibility, Big Pharma diversification (China+1 strategy), and weight loss/type-2 diabetes drugs, the report added.
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