Indian Pharmaceutical Industry










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Indian Pharmaceutical Industry INDIAN PHARMACEUTICAL INDUSTRY AT A GLANCE IN 2017 - 2018 Indian Pharmaceutical Industry



General Overview

India is the largest provider of generic drugs globally with the Indian generics accounting for 20 per cent of global exports in terms of volume. The Indian pharmaceutical sector is estimated to account for 3.1 – 3.6 per cent of the global pharmaceutical industry in value terms and 10 per cent in volume terms.


2017-2018 Indian Pharmaceutical Industry

Performance for 2017

The Indian pharmaceuticals industry’s revenues are estimated to have grown by 7.4 per cent in FY17. Indian pharmaceutical market grew 5.5 per cent in CY2017 in terms of annual turnover. In March 2018, the market grew at 9.5 per cent year-on-year with sales of Rs 10,029 crore (US$ 1.56 billion).

Projections for the Industry

It is expected to grow to US$100 billion by 2025. The market is expected to grow to US$ 55 billion by 2020, thereby emerging as the sixth largest pharmaceutical market globally by absolute size. By 2020, India is likely to be among the top three pharmaceutical markets by incremental growth and 6th largest market globally in absolute size. The Indian Pharmaceutical sector is expected to generate 58,000 additional job opportunities by the year 2025.

Industry Exports

India’s pharmaceutical exports stood at US$ 16.8 billion in 2017 and are expected to grow by 30 per cent over the next three years to reach US$ 20 billion by 2020, according to the Pharmaceuticals Export Promotion Council of India (PHARMEXCIL). Export of pharmaceutical items reached Rs. 696.84 billion (US$ 10.76 billion) during April 2017 – January 2018.

Indian Pharmaceutical Industry  INDIAN PHARMACEUTICAL INDUSTRY AT A Glance IN 2016 - 2017

Indian Pharmaceutical Industry  INDIAN PHARMACEUTICAL INDUSTRY AT A Glance IN 2015 - 2016

Indian Pharmaceutical Industry  INDIAN PHARMACEUTICAL INDUSTRY AT A Glance IN 2014 - 2015

Indian Pharmaceutical Industry  INDIAN PHARMACEUTICAL INDUSTRY AT A Glance IN 2013 - 2014

Indian Pharmaceutical Industry  INDIAN PHARMACEUTICAL INDUSTRY AT A Glance IN 2012 - 2013

Indian Pharmaceutical Industry  INDIAN PHARMACEUTICAL INDUSTRY AT A Glance IN 2011 - 2012

Indian Pharmaceutical Industry  Bulk Drug Manufacturers Association of INDIA

Indian Industry  back to pharmaceutical INDUSTRY