Poly Medicure Eyes 25% Market Share In 3-4 Years, Driven By Innovation & A Robust Manufacturing Base
Автор: NDTV Profit
Загружено: 2024-12-31
Просмотров: 3899
Himanshu Baid Managing Director of Poly Medicure, highlighted India's growing medical device industry, spurred by regulations implemented in 2023. Exports have nearly doubled since 2021, with 3,000 companies now manufacturing in India. By 2030, exports are projected to reach $20 billion, driven by global companies establishing local production. Poly medicure's domestic business grew 22% in Q2, with a target of 20% annual growth. The renal segment aims to capture 25% market share in 3–4 years. New facilities in Haryana, Rajasthan, and Uttarakhand will commence by mid-2026. Despite global uncertainties, Poly medicure sees steady growth fueled by innovation and a strong manufacturing base.
#polymedicure #pharma #sharesofpolymedicure
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