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India's CRDMO sector, valued at $3B, sees rapid growth, attracting global investors amidst a shift from China.
India's CRDMO sector, worth $3 billion, has grown at a 14% CAGR over five years and attracts global investors with a $40-50 billion market cap.
A recent report predicts an 18% CAGR to FY30, driven by drug pipelines, Big Pharma's "China+1" strategy, and growth in weight-loss and Type 2 diabetes drugs.
The shift from Chinese to Indian firms could bring $700 million to $1.4 billion annually.
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El sector CRDMO de la India, valorado en $ 3B, ve un rápido crecimiento, atrayendo a los inversores globales en medio de un cambio desde China.