Feedback/ Help/ Queries

captcha RF


captcha RF
Forgot password? Create Username

Subscribe now!

Pharmaceutical Industry

Pharmaceutical Industry In India


India is the third largest pharmaceuticals market in the world in terms of value and eleventh largest in terms of volume. It has established itself as a global manufacturing and research hub. A large raw material base and the availability of a skilled workforce give the industry a definite competitive advantage. India is the largest supplier of generic medicines globally (20 per cent of global export volume).


Pharmaceutical export from India stood at US$ 16.4 billion in 2016-17. India is expected to rank amongst the top three pharmaceutical markets with export value worth US$ 20 billion in terms of incremental growth by the year 2020.

Pharmaceutical Export Promotion Council

The Pharmaceutical Export Promotion Council (PHARMEXCIL) was set up in 2004 by Ministry of Commerce and Industry, Government of India, for the promotion of pharma exports.


Source: India Brand Equity Foundation

For Exporter
Frequently Asked Questions
Search ITC-HS Code & Tariff
 (Please type 2 to 6 digits only)
Upcoming Events
Latest News