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India’s Pharma Exports 2021-22
May 5 , 2022
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- India’s pharma sector recorded its best-ever export performance in 2021-22.
- India’s pharma sector witnessed a growth of 103% since 2013-14.
- India is a major exporter of Pharmaceuticals, with 60% of the world’s vaccines and 20% of generic medicines coming from India.
- India supplies over 50% of Africa’s requirements for generic medicines.
- India is a leading supplier of DPT, BCG, and Measles vaccines.
- 70% of WHO’s vaccines (as per the essential Immunization schedule) are sourced from India.
- India has been serving as the ‘pharmacy of the world’.
- The Indian pharmaceutical industry is the world’s 3rd largest by volume and 14th largest in terms of value.
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