Indian Pharmaceuticals Industry Analysis

India is among the top 10 pharmaceutical exporting countries with its share of the global market on the rise compared to the previous 5 years.

Advantage India

Cost
Efficiency

* Low cost of production and R&D boosts efficiency of Indian pharma companies, leading to competitive exports.

* Indian drug & pharmaceutical exports stood at US$ 24.60 billion in FY22 and US$ 24.44 billion in FY21.

Cost Efficiency

Economic
Drivers

* High economic growth along with increasing penetration of health insurance to push expenditure on healthcare and medicine in India.

Economic Drivers

policy
Support

* In June 2021, Finance Minister Ms. Nirmala Sitharaman announced an additional outlay of Rs. 197,000 crore (US$ 26,578.3 million) that will be utilised over five years for the pharmaceutical PLI scheme in 13 key sectors such as active pharmaceutical ingredients, drug intermediaries and key starting materials.

Policy Support

Increasing
Investment

* The FDI inflows in the Indian drugs and pharmaceuticals sector reached US$ 19.41 billion between April 2000- March 2022.

Increasing Investment
Last updated: Aug, 2022

Major states for Pharmaceuticals

  • Karnataka
  • Maharashtra
  • Gujarat
  • Uttar Pradesh
  • Delhi NCR
  • Tamil Nadu
  • Telangana

Posters

MORE
FULFILLING GLOBAL DEMAND

FULFILLING GLOBAL DEMAND

India is the largest producer of generic drugs in the world.

IBEF Campaigns

MORE
India Organic Biofach 2022

India Organic Biofach 2022

Ibef Organic Indian Pavilion BIOFACH2022 July 26th-29th, 2022 | Nurember...

10th India Trend Fair 2022

10th India Trend Fair 2022

The Tenth Edition of the India Trend Fair, Tokyo, Japan is being organised ...

Case Studies

MORE

The Rise of India's Defence Exports

The Rise of India's Defence Exports

The Indian armed forces are one of the most powerful forces in the world comprising three divisions: the Indian Army, Indian Navy and Indian Air Force...

Promoting Indian Textile And Apparel Exports

Promoting Indian Textile And Apparel Exports

The global textile market is estimated to reach US$ 1,412.5 billion by 2028 and would expand at a CAGR of 4.4% from 2021 to 2028. Rapidly changing tre...

The Potential Of Cottage Industry Trade

The Potential Of Cottage Industry Trade

A cottage industry is a small business engaged in manufacturing and operated from the owner’s homes. Cottage industries form an important part o...

IBEF BLOG

MORE
India's Upcoming Drone Manufacturing Sector
5 Aug 2022

India's Upcoming Drone Manufacturing Sector

The Rise of India’s Drone Industry An airborne drone is a device th...

How India will build social media for the world
2 Aug 2022

How India will build social media for the world

With 467 million users, India is one of the largest markets for social medi...

India’s Growing Toy Exports
29 Jul 2022

India’s Growing Toy Exports

Introduction India’s toy manufacturing industry is quite fragmented,...

Partners
Loading...