Salary structure for freshers in Pharmaceutical industry?
In India, Compared to IT industry, Pharmaceutical industry salaries are very low due several factors. Main reason is
Profit margins: Pharmaceutical companies often face challenges such as patent expirations, generic competition, and regulatory hurdles, which can impact their profit margins. Consequently, they may prioritize cost control measures, including employee salaries, to maintain profitability.
Freshers salaries in MNC companies:
M.Sc. (Chemistry )—- 2 Lakhs – 3 Lakhs Per annum ( in MNC companies)
M.Pharmacy : 2 Lakhs to 4 Lakhs per annum (Note : NIPER students will get up to 6 Lakhs per annum )
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