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Medical Store Pharmacy Franchise Opportunities in India — Pharma Flair

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There is no denying the fact that the Pharmaceutical industry is rapidly growing in India and is an evergreen industry that brings a number of options. With the change in lifestyle and easy access to healthcare facilities, the demand for health care has been increased extensively. As per the study, the retail pharmacy industry is expected to grow around 20% each year and is planning to contribute around 30% to the market by 2020. Medicines have become as necessary as food and will always mark an attractive growth. One major advantage for all the competitors in the Pharmacy Franchise is that their business model is already established. The best part is that there is nothing illicit or illegal about Pharmacies today. The Indian pharmacy that is showing a continuous growth is about Rs.1.2 lakh crore in size and is estimated to have an online fraction of 700–800 crores that is showing a sign of development and ease. There may be scenarios, either you may be a startup or you might be