The deal with Emami was sealed at an investment of somewhere between Rs 2,600 crore-Rs 2,700 crore, company sources confirmed, only 84 per cent of which would be paid upfront
The deal with Emami was sealed at an investment of somewhere between Rs 2,600 crore-Rs 2,700 crore, company sources confirmed, only 84 per cent of which would be paid upfront
New Delhi [India], January 23 (ANI/NewsVoir): Retail pharmacies are an integral component of India's healthcare ecosystem and are thriving at the moment. During the outbreak of the COVID-19 pandemic, people realised that health care was a significant concern and that the retail pharmacy spaces could work to care for a person's holistic well-being in addition to their medical requirements. Consequently, people increasingly rely on retail pharmacy outlets offering an array of wellness products as well as generic pharmaceutical products. The Pharmacy Retail Market in India 2019 report, which claims that the retail pharmacy market in India is likely to reach INR 2,330.2 billion by 2024, underscores this shift in market sentiments. The report also discusses how online retailers and organised players in the retail pharmacy market are likely to reshape the Indian pharmacy market. India's urban and semi-urban areas are home to a significant number of organised retail pharmacy chain