Indian Pharmaceutical Industry










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Indian Pharmaceutical Industry INDIAN PHARMACEUTICAL INDUSTRY AT A GLANCE IN 2019 - 2020 Indian Pharmaceutical Industry



India is the largest provider of generic drugs globally. Indian pharmaceutical sector industry supplies over 50 per cent of the global demand for various vaccines, 40 per cent of generic demand in the US and 25 per cent of all medicine in UK.
India enjoys an important position in the global pharmaceuticals sector. Presently over 80 per cent of the antiretroviral drugs used globally to combat AIDS are supplied by Indian pharmaceutical firms.


2019-2020 Indian Pharmaceutical Industry

Market Size

Indian pharmaceutical sector is expected to grow to US$ 100 billion and medical device market expected to grow US$ 25 billion by 2025. Pharmaceuticals exports from India stood at US$ 19.14 billion in FY19 and US$ 13.69 billion in FY20 (up to January 2020).


India accounts for around 30 per cent (by volume) and about 10 per cent (value) in the US$ 70-80 billion US generics market.


India's pharma industry is expected grow at an average growth rate of around 30 per cent a year and reach US$ 100 billion by 2025.


India’s domestic pharmaceutical market turnover reached Rs 1.4 lakh crore (US$ 20.03 billion) in 2019, growing 9.8 per cent year-on-year (in Rs) from Rs 129,015 crore (US$ 18.12 billion) in 2018. India plans to set up a nearly Rs 1 lakh crore (US$ 1.3 billion) fund to provide boost to companies to manufacture pharmaceutical ingredients domestically.



Investments

The drugs and pharmaceuticals sector attracted cumulative FDI inflows worth US$ 16.25 billion between April 2000 and June 2019, according to data released by the Department for Promotion of Industry and Internal Trade (DPIIT).

Future Prospects

Medicine spending in India is projected to grow 9-12 per cent over the next five years, leading India to become one of the top 10 countries in terms of medicine spending.

Indian Pharmaceutical Industry  INDIAN PHARMACEUTICAL INDUSTRY AT A Glance IN 2018 - 2019

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