Many experts in the recruitment sector consider automation as a major threat to many of the existing job roles. Apparently, four out of every 10 jobs globally would be lost due to automation by 2021. They foresee a visible change in the next 3-4 years and the first major effect will be seen in sectors like manufacturing, IT, ITeS and Security Services. In fact, the hiring trend in the IT itself proves that there is drastic decline in the jobs that have been offered in the past few years. According to historical Nasscom data, IT alone used to employ 4, 00,000 to 5, 00,000 engineers annually till 2010 and the number considerably reduced to 1, 00,000 recruitments in the last financial year. However, Pharmacy on the other hand has seen a progressive surge.
Since, Indian Pharmacy industry has been enjoying an important position in the global pharmaceuticals industry, pharmacy graduates have been receiving impeccable offers from various recruiters across the globe. According to the reports from HR Consultancies, there has been an increase of 25 percent in recruitment in corporate hospitals last two years. In fact, the Indian pharmaceuticals market stands as the third largest in terms of volume and thirteenth largest in terms of value. Being amongst the global leaders in providing quality generics to the world, it has highest number of USFDA plants outside the U.S.
While, the industry is gearing up for the next level of growth driven by shift towards specialty products, customer centricity, focus on improving quality, operational efficiency and productivity and selective mergers and acquisitions, India needs highly trained workforce to face the global challenges. A large number of Pharmacy Colleges take it as a mission. They have been educating India's next generation pharmacists with updated syllabi and other cutting-edge tools. In this issue, we have identified, "Top 10 Pharmacy Colleges in India" that are putting their heart soul to produce excellent labour to the thriving pharmaceuticals market. On the cover, we feature Marathwada Mitramandal's College of Pharmacy, which has been imparting excellent and comprehensive education to blossoming pharmacists by putting quality as its foremost priority.