Pharmaceutical Export Trends on India's Exports in Global Markets: PharmaHopers
Oct 16, 2023
Zirakpur (Punjab) [India], October 16: As per the data released by the Indian Brand Equity Foundation (IBEF) and Trading Economics, "The Indian pharmaceutical industry has witnessed a substantial increase in exports in the last few years. In the fiscal year 2020-2021, Indian pharmaceutical exports stood at a whooping USD 24.44 billion." This record-breaking export can be attributed to India's ability to cater to the global demand for generic medicines. India's proficient manufacturing capabilities coupled with cost-effective production have enabled India to mass export essential medicines and vaccines to many low- and middle-income countries explained the PharmaHopers.
Read More...
