| |SEPTEMBER 20244The market of pharmaceutical exports in India has been growing at a healthy pace and strengthening its foothold in the global platform for pharma exports. Over the past few years, the exports of pharmaceutical products have grown at a steady pace in India due to various factors like low cost of production, increased compliance with quality standards and a favourable policy environment. These leading markets have helped in the growth, where United States remains the biggest market for the exports of Indian pharmaceuticals, taking approximately one third of the total exports. Other major markets are EU, Africa & South East Asia where Indian generic medicines, vaccines and APIs are highly acceptable because of their cost advantages and global quality standards. In addition, the industry is shifting to more lucrative segments such as the biosimilars, complex generics and specialty products which are likely to be key growth areas in the future. The Production Linked Incentive (PLI) scheme launched by the government has further strengthened the sector by reducing its import dependence of some of the critical inputs. All in all, the India pharmaceuticals exports market will continue to experience positive growth due to market diversification, innovation and support from the government. With continuing changes in the global healthcare needs, India is ready to contribute even more to meet the health care needs of the world with affordable and quality medicines.Keeping tabs on this market, India Pharma Outlook has shortlisted the select few companies from this sector that have exhibited an unrelenting pursuit of excellence. By proving their dedication to fulfilling customer expectations and contributing to the market's evolution through their innovative disposition, these firms are blazing a trail. We look forward to receiving your feedback and suggestions. Sudhakar SinghManaging Editoreditor@indiapharmaoutlook.comVol 2 · Issue 1 - 9 · September, 2024Publisher Alok ChaturvediEditor Sudhakar SinghAssistant Editor Roshan AktharEditorial TeamThiruamuthan T K Nalini Brahmanapalli Viswanathan A Senior DesignerRajesh R BDesignerV Hari PriyaSuanya BanerjeeAdvertising QueriesRahul KumarGM Sales & MarketingRavi kalgisales@indiapharmaoutlook.com Editorial Querieseditor@indiapharmaoutlook.comCirculation Manager Magendran PerumalMagazine Price is Rs. 150 per issuePrinted and Published By Alok Chaturvedi on behalf of Biz Print Media Pvt. Ltd. and Printed at Executive Prints - 113/7, Ground floor, Old madras road, Halasuru, Bangalore 560008 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Publisher Alok ChaturvediCopyright © 2024 Silicon Media Technologies Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.India: Pharmacy of the World
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