Pharmaceuticals Sector: Achievement Report

4 Years agoWith robust sector growth seen under Make in India, India continues to make its mark as a leader in global pharmaceuticals.

India is one of the largest producers of pharmaceutical products and a leading player in the global generics market, exporting nearly 50% of its production. The turnover of Indian pharmaceutical industry was estimated at INR 2,04,627.1 crore in FY 2015-16.

The Indian pharmaceutical industry has witnessed a robust growth in recent years growing from INR 177,734 crore in FY 2014-15 to INR 204,627 crore in FY 2015-16, registering a growth of 29% as compared to the growth of 12% from INR 158,671 crore during FY 2013-14.

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