Facts about Indian Pharmaceutical Industry

• The Pharmaceutical Industry in India is one of the largest in the world
• It ranks 4th in the world, pertaining to the volume of sales
• The estimated worth of the Indian Pharmaceutical Industry is US$ 6 billion
• The growth rate of the industry is 13% per year
• Almost most 70% of the domestic demand for bulk drugs is catered by the Indian Pharma Industry
• The Pharma Industry in India produces around 20% to 24% of the global generic drugs
• The Indian Pharmaceutical Industry is one of the biggest producers of the active pharmaceutical ingredients (API) in the international arena
• The Indian Pharma sector leads the science-based industries in the country
• The pharmaceutical sector has the capacity and technology pertaining to complex drug manufacturing
• Around 40% of the total pharmaceutical produce is exported
• 55% of the total exports constitute of formulations and the other 45% comprises of bulk drugs
• The Indian Pharma Industry includes small scaled, medium scaled, large scaled players, which totals nearly 300 different companies
• There are several other small units operating in the domestic sector

Pharmaceutical Industry in India-Growth

• As per the present growth rate, the Indian Pharma Industry is expected to be a US$ 20 billion industry by the year 2015
• The Indian Pharmaceutical sector is also expected to be among the top ten Pharma based markets in the world in the next ten years
• The national Pharma market would experience the rise in the sales of the patent drugs
• The sales of the Indian Pharma Industry would worth US$ 43 billion within the next decade
• With the increase in the medical infrastructure, the health services would be transformed and it would help the growth of the Pharma industry further
• With the large concentration of multi national pharmaceutical companies in India, it becomes easier to attract foreign direct investments
• The Pharma industry in India is one of the major foreign direct investments encouraging sectors