Economy & Bankingv2 · 2 versions
India's Pharmaceutical Sector
India is the world's pharmacy - third by volume, first in generics, and a USD 60 billion market aiming to more than double by 2030. Its weak spot is inputs: for many essential chemicals it still leans on China. The current policy push runs on two tracks - money to build ingredient capacity at home, and a tighter grip on drug approvals.
Last updated 7 August 20267 min read
Latest update
Added the new debarment penalty - licensing authorities can now bar applicants who file fake or fabricated data, on top of rejection or licence cancellation - and restructured the card for faster reading.
- pharmaceuticals
- pharmacy of the world
- PLI
- API
- CDSCO
- generics
- biosimilars
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