Big Boost For E-tailers As Online Drug Sales To Be Allowed


The in-country medical market grows upto approximately 10-15pct a year which makes the money value come to 90000crore. The allowance of online medical business will boost gains upto 5pct and help the market grow in double digits.

Director of Telangana's Drugs Control Administration, Akun Sabharwal said “"Online pharmacy, once legal sanction is given, can be operated by anyone who will meet the standards desired by the revised Drug and Cosmetics Act." 

The allowance of online medical business is a serious threat to the exisiting local medicine vendors and wholesellers. This has been confirmed by JS Shinde, President of the All India Organization of Chemists and Druggists who supervises the 7.5 lakh chemists across the country. 
Medplus has already started its web business in the country. The medical chain chairman, Madhukar Gangadi comments, “We have been witnessing double-digit growth in online sales. While online sales will lead to rationalizing the brick and mortar shops, it helps in reducing overheads and improving margins faster.” 

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