Keyword :        

Subscribe to Rss Feed
Follow us at
Business News
Categories Date
News Archives
News Types
Regulatory News
Price Movement
Govt Policy
Market News
Mergere Acquisition
Most Viewed
Import of Raw Cashew Nuts to Continue
Clove Prices Likely to Stay Firm
Anti Dumping Duty on China Origin Flax Fabrics (Linen)
After Sugar, Jaggery Prices Hit The Sky
Cocoa Price Reaches 10-year high on Falling Production and Growing Demand
Dumping Duty on Tyre Import from China, Thailand
Coconut Prices to Stabilise as Kerala Govt Mulls Procurement
Rising Cashew Export Brings Cheers among Cashew Farmenrs
Dhanalakshmi Bank Ties Up With Bank of New York For Online Remittance
Revival in Cashew Export
Infobanc Resources
Latest Tenders
Market Research Reports
Directory of Manufacturers and Exporters

Pharma Exports on Rise - Pharmexcil Eyes 25% Growth This Year

Date : December 20, 2012
Number of Views : 4110

Indian pharmaceutical sector has defied recession and expected to post over 25% growth totaling US Dollar 17 billion this year. As per industry sources, the increase will be driven by growth in formulations and active pharmaceutical ingredients. In the last financial year ended March 31, 2012, pharma exports stood at $13.4 billion. There would be significant growth in exports to the US which also accounted for 33 per cent total exports last year. Indian pharmaceutical manufacturers and exporters might stand to gain in API market due to the increased focus in Europe to streamline procedures and ensure quality. As most units are already recognised by global regulators, Indian exporters will have an additional advantage compared to other countries. In the vaccines segment, however, China was emerging as a strong competitor to India with higher production.

News Category: Drugs and Pharmaceuticals
Healthcare Products / Equipment

News Type : Market News


* Max 250 characters