The Organisation of Pharmaceutical producers of India (OPPI) hosted an HR Conclave today on "Talent Attraction - Engaging Gen Y" to address the human resources challenge in the pharmaceutical sector .
The event brought together industry stalwarts, multinational pharmaceutical companies, distinguished academicians and HR leaders from pharmaceutical and allied sectors.
The pharmaceutical industry is a knowledge-based industry, which is growing steadily and plays a major role in the Indian economy. The country's emergence as an important manufacturing base as well as a market for the global pharmaceutical industry, makes this an attractive sector for young professionals in a wide range of specialties involving drug development, marketing, project management and technology.
The pharmaceutical industry currently employs approximately 4,50,000 people and has contributed significantly in creating a rich talent pool of researchers, scientists, doctors and project managers.
Addressing the gathering, Ranjana Smetacek, director general, OPPI said, "Gen Y, or the 20-30 age group, today constitutes a major part of the country's workforce and will bring us tomorrow's leaders. The pharma industry also needs to retain and nurture existing talent and equip young workers with the skills and knowledge, necessary for a better understanding of emerging challenges and opportunities."