After a long period of time, recently an Indian pharma company announced its intention to takeover a reasonably sized European company. This is more than just a single development, it is reflecting a change in underlying operating matrix of the pharma industry which for the last many years has been going through a period of readjustment and is now coming out of it. Not many may know that an Indian hospital chain operates a hospital in Cayman Island. The Indian healthcare and pharma sector are two spaces which probably will grow at a much faster rate than other sectors. There are both macro and micro factors which will lead to higher growth. It is faster growth which leads to generation of alpha, which ideally is what investors are seeking when taking risk in equities
