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India’s Pharmaceutical Exports 2024
April 30 , 2024
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- The country’s drugs and pharmaceuticals exports increased 9.67 per cent year-on-year to USD 27.9 billion in 2023-24.
- But the total exports dipped by 3 per cent in the last fiscal.
- Pharma exports in March grew by 12.73 per cent to USD 2.8 billion. In 2022-23, the exports stood at USD 25.4 billion.
- The top five export markets, for the sector during the last fiscal, are the US, the UK, the Netherlands, the United Kingdom, South Africa and Brazil.
- The US accounts for over 31 per cent of India’s total pharma exports, followed by the UK and Netherlands (about 3 per cent each).
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