India has exported US$ 3.89 billion of bulk drugs & drug intermediates in FY20 and US$ 4.43 billion in FY21. In April 2021, export of drugs & pharmaceuticals stood at US$ 1.89 billion. India has one of the lowest manufacturing costs in the world. It is lower than that of USA and almost half of Europe.
What country exports the most pharmaceuticals?
Below are the 14 countries that exported the highest dollar value worth of drugs and medicines during 2018-21.
- Germany: US$62.3 billion (16.8% of total drugs and medicines exports)
- Belgium: $27.8 billion (7.5%)
- India: $26.12 billion (7.1%)
- France: $25.9 billion (7%)
- United States: $22 billion (5.9%)
How medicines are exported from India?
Only registered pharmaceutical companies can export medicines from India as per our Foreign Trade Policy. First and foremost, the company must register with the Director-General of Foreign Trade and apply for an Import Export Code.
Which is the biggest export destination for Indian pharma products?
Drugs and pharmaceutical export value India FY 2020, by leading destination. India exported drugs and pharmaceuticals worth about 478 billion Indian rupees in fiscal year 2020 to the United States, making it the highest value of exports in this sector. United Kingdom came in second at about 39 billion rupees that year.
Which pharma company is world No 1?
Top 25 pharma companies by global sales
|3||Merck & Co Inc||1478|
Which is the No 1 pharma company in India?
1. Sun Pharmaceutical Industries Ltd
|Revenue||30,091.4 crores INR (US$4.2 billion, 2019)|
|Number of employees||32,000 (2019)|
|Subsidiaries||Ranbaxy Laboratories, Pharmalucence, Inc., etc|
Which Pharma share is best in India?
Top 10 pharma stocks to buy in India 
- Sun Pharmaceutical Industries Ltd. Sun Pharmaceutical Industries Ltd is a multinational Indian company situated in Mumbai. …
- Divi’s Laboratories. …
- Cipla Ltd. …
- Biocon Ltd. …
- Torrent Pharmaceuticals Ltd. …
- AurobindoPharma Ltd. …
- Lupin Ltd. …
- Cadila Healthcare Ltd.
How much does India export medicine?
Export and Advantage India
India has exported US$ 3.89 billion of Bulk Drugs & Drug intermediates in FY20 and US$ 3.66 billion in FY21**.
What is the generic name of the highest selling pharma product in the world?
Best selling pharmaceuticals of 2017/18