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India's Pharma Sector Ranked 3rd in World, Leads in Affordable Drugs

Summary by Sambad English
New Delhi: India's pharmaceutical industry, which has emerged as the largest supplier of affordable generic medicines, is poised to grow at 7.8 per cent year-on-year in April 2025 driven by strong demand and new products, according to experts at India Ratings.  The country’s pharma sector is now ranked 3rd in volume and 14th in value globally and contributes as much as 20 per cent of the world’s supply of medicines. The turnover of the Indian ph…

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Mangalorean.com broke the news in on Sunday, May 18, 2025.
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