[ad_1] The Indian pharma industry is a knowledge-driven sector and a key driver for the nation’s economy. The industry is estimated to be US$58 billion, with equal contribution from exports and domestic market. India is the manufacturing hub of the world with 20% contribution to global generics sales. 2024 has been a year of building […]
India’s pharma and meditech industry set to double by 2030: Pharma Secretary – CNBC TV18
[ad_1] India’s pharmaceutical and meditech industry, valued at approximately $70 billion, is on track to nearly double by 2030, according to Arunish Chawla, Secretary of the Department of Pharmaceuticals. In an interview with CNBC-TV18, Chawla highlighted that this growth is driven by India’s expanding CRDMO (Contract Research Development Manufacturing Organisation) ecosystem, which is developing rapidly […]