Whalesbook
India's Contract Research, Development, and Manufacturing Organization (CRDMO) market is set to nearly double from $8.2 billion to $15.4 billion by 2029, growing at a 13% CAGR. JPMorgan forecasts even faster revenue (17%) and earnings (20%) growth for covered companies, driven by geopolitical shifts like China+1, cost competitiveness, and strong regulatory policies. The analyst is bullish on the sector's prospects.