A STUDY ON IMPACT OF COVID – 19 ON INDIAN PHARMACEUTICAL COMPANIES

Pharma Industry is part of the global industrial domain where by the nature of the industry keeps the same very prominent in the Industrial domain. Being recognised as the essential industry which caters the services to the mankind, Pharma Industry is an industry that very lucrative investment avenues. The Indian pharmaceutical industry is world's third largest drug producer. India is the largest provider of generic drugs globally. The Indian pharmaceutical sector is an important component of the global healthcare infrastructure and is instrumental in saving millions of lives every year. However, the lockdown triggered by corona virus disease (COVID-19) has caused disruptions in all sectors. This research paper talks about the current scenario and various opportunities of Pharma companies during COVID-19. The author aims to understand the opportunities for Indian economy & Pharma companies to expand and gain maximum leverage during this pandemic situation. The author has tried to explore in the statistics pertaining to the pharmaceuticals business. The Pharma Industry at large is discussed in the paper and a bird's eye view is presented for the readers, which eventually shall be indicative in nature rather exhaustive. The Pandemic has its obvious challenges and the Industries are constantly looking for the way out, so is the Pharma Industry.