Driving Pharma Industry Growth Through Talent

Sudhakar Singh, Managing Editor

India being one of the largest as well as the fastest growing pharmaceutical markets globally presents a huge opportunity for pharmaceutical recruitment consulting firms to not just be a mere contributor in this regards but to be the pivotal player in talent acquisition, workforce management, and strategic human resource planning as well. Complexity and competitiveness in the pharmaceutical industry are some of the key factors that are contributing to development and growth of this market.

Medical research, regulation and innovation in technology are leading to increased demands for highly qualified individuals in various fields, including research and development, manufacturing, quality control, sales and marketing, regulatory affairs and clinic development, in pharmaceutical companies. This in turn represents a surge of interest from the pharmaceutical recruitment consulting firms on selection of candidates with the appropriate expertise and experience to fill specialized positions.

The increasing number of multinational pharmaceutical companies in India as well as domestic pharmaceutical companies becoming global players are the other reasons for the surge of demand of recruitment consultancy services. The focused support that is needed by these businesses includes that of workforce development and optimization to enhance growth, innovation, and operational proficiency in a very competitive market. Then, the sector incurs big expenditures on research, production and distribution of pharmaceuticals.

The elevated levels of activity have caused a spike in demand for the highly skilled professionals; this has been particularly true in areas such as vaccine development, clinical trials management, supply chain logistics, and regulatory compliance. These situations have created an acute shortage of such employees, which has driven the need for specialized recruitment services to meet the talent requirements.

Keeping tabs on this market, India Pharma Outlook has shortlisted the select few companies from this sector that have exhibited an unrelenting pursuit of excellence. By proving their dedication to fulfilling customer expectations and contributing to the market’s evolution through their innovative disposition, these firms are blazing a trail.

We look forward to receiving your feedback and suggestions.