India’s pharma, meditech exports rise to 4th largest in FY25, despite global slowdown ...Middle East

New Delhi: Exports of pharmaceutical and meditech sectors in India are expected to continue to grow despite global slowdown concerns, according to Arunish Chawla, Secretary, Department of Pharmaceuticals. With 16 blockbuster drugs in the pipeline — for cancer, diabetes, HIV and tuberculosis, the exports in these sectors have become the fourth-largest in the country in the last fiscal. Amid global slowdown concerns, the sector is experiencing double-digit growth, supported by government efforts and the Production Linked Incentive (PLI) scheme, the Secretary told reporters at the CII Pharma and Life Sciences summit. The 16 drugs to be produced in India are part of a larger list of 25 molecule

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