India’s pharmaceutical sector, a critical player in the global healthcare ecosystem, provides over 60% of the world’s demand for various vaccines, 40% of generic demand in the US, and 25% of all medicines in the UK.
The sector is expected to grow significantly, propelled by a strong generic drugs market, substantial exports, and a skilled workforce. With the Indian government setting a vision to position the country as a global hub for end-to-end drug discovery, the sector’s growth is supported by multiple funds.