India's pharma sector strengthens global medicine supply chain
after close1 source ↓written by the desknot a recommendation
- medicines
- 200 countries
India is recognized as the "pharmacy of the world", exporting medicines to over 200 countries. With pharmaceutical exports valued at USD 35.8 billion, the sector is crucial for foreign exchange earnings. Government initiatives like the Production-Linked Incentive (PLI) scheme aim to boost domestic manufacturing and reduce import reliance, enhancing India's strategic role in the global market.
Not investment advice. For informational purposes only.