India’s Pharmaceutical Sector
Industry Scenario
- Current Value: The pharmaceutical industry in India is currently valued at $50 Bn.
- Future Growth: It is expected to reach $65 Bn by 2024 and to $130 Bn by 2030.
Major Segments
- Major segments of Indian Pharmaceutical Industry include generic drugs, OTC medicines, bulk drugs, vaccines, contract research & manufacturing, biosimilars and biologics. India is a global leader in the supply of DPT, BCG, and Measles vaccines.
Major Exporter
- India is a major exporter of Pharmaceuticals, with over 200+ countries served by Indian pharma exports.
- India supplies over 50% of Africa’s requirement for generics, ~40% of generic demand in ....
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