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India's pharma exports 2047
February 12 , 2025
12 hrs 0 min
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- India’s pharmaceutical industry exports are projected to reach $350 billion by 2047.
- This is an estimated 10-15 times increase from the current levels.
- India currently ranks at 11th in pharmaceutical export value and India can secure a position among the top five nations by 2047.
- The country’s pharma exports are expected to grow from approximately $27 billion in 2023 to $65 billion by 2030.
- The Active Pharmaceutical Ingredients (APIs) exports are currently valued at $5 billion.
- It is projected to reach $80-90 billion by 2047.
- Indian biosimilar exports, presently valued at $0.8 billion, are expected to grow fivefold to $4.2 billion by 2030 and reach $30-35 billion by 2047.
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