12th Five-Year Plan set an 18 per cent CAGR target for pharma sector: Government

"The Twelfth plan document had set an objective of achieving a CAGR of 18% for the sector," MoS for Chemicals & Fertilizers Hansraj Gangaram Ahir said

The 12th Five-Year Plan document had set an aim to achieve a compound annual growth rate of 18 per cent for the pharma sector, the government said today.

“The Twelfth plan document had set an objective of achieving a compound annual growth rate ( CAGR) of 18 per cent for the sector,” Minister of State for Chemicals and Fertilizers Hansraj Gangaram Ahir said in a reply to a question in the Lok Sabha.

To facilitate achieving the growth o ..

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