Who is India's biggest pharma exporter?
Most of India's largest pharmaceutical companies manufacture and export generic medicines, and are among the largest generic medicine companies globally. These companies include Sun Pharma, which is India's largest and the world's fourth largest specialty generics pharmaceutical company.
Top Pharma Companies in India by Revenue | ||
---|---|---|
Sr No | Company | FY22 Revenue (in US$ Bn) |
1 | Sun Pharmaceutical Industries | 4.32* |
2 | Aurobindo Pharma Ltd | 3.2 |
3 | Cipla Ltd | 2.81 |
- Germany: US$60.8 billion (14.9% of total exported drugs and medicines)
- Switzerland: $48.1 billion (11.8%)
- Belgium: $31.1 billion (7.6%)
- France: $28.4 billion (7%)
- Italy: $27.2 billion (6.7%)
- United States: $24.7 billion (6.1%)
- Ireland: $23.1 billion (5.7%)
- Netherlands: $19.8 billion (4.9%)
North America remains the largest market for Indian pharmaceuticals, accounting for a more than 34% share. Exports to the U.S., Canada and Mexico recorded a growth of 12.6%, 30% and 21.4% respectively.
Hyderabad – The Pharma Hub of India
It accounts for 40 per cent of the total Indian bulk drug production and 50 per cent of the bulk drug exports and is considered as the 'Bulk Drug Capital of India'.
India's Category wise Exports Value in USD Million | ||
---|---|---|
Category | 2017-18 | 2019-20 |
Drug formulations & Biologicals | 12747.9 | 15826.64 |
Bulk Drugs & Drug intermediates | 3525.65 | 3882.87 |
Surgicals | 552.16 | 448.29 |
Exports The top exports of India are Refined Petroleum ($25.3B), Packaged Medicaments ($17.8B), Diamonds ($16B), Rice ($8.21B), and Jewellery ($7.57B), exporting mostly to United States ($49.7B), China ($18.5B), United Arab Emirates ($18.1B), Hong Kong ($9.18B), and Germany ($8.8B).
1. United States. Way out in first place with a market value of USD 533.5 billion in sales in 2020, the USA is the bedrock of global pharmaceutical innovation, although home to a healthcare system plagued with inequalities.
- 1) United States. It is well known that the US boasts a booming pharmaceutical business. ...
- 2) Germany. Germany is widely considered to be one of the fastest-growing markets for life sciences in Europe. ...
- 3) India. ...
- 4) Switzerland. ...
- 5) United Kingdom.
The pharma industry in India contributes more than 20% by volume of the global generics market and 62% of the worldwide demand for vaccines," she said. India's domestic pharmaceutical market size was recorded at $42 billion in 2021 and is projected to expand to $120 billion by 2030.
Who is the largest producer of medicines?
India is the largest. producer of medicine in the world and is also a large of medicine.
Satish Mehta is the first-generation entrepreneur and visionary who started Emcure in 1981 with the purpose to provide affordable and high quality healthcare to patients to significantly improve their lives.
Sr. No. | Company Name | Industry |
---|---|---|
1 | Sun Pharmaceutical Industries Ltd. | Pharmaceuticals & Drugs |
2 | Dr. Reddys Laboratories Ltd. | Pharmaceuticals & Drugs |
3 | Divis Laboratories Ltd. | Pharmaceuticals & Drugs |
4 | Cipla Ltd. | Pharmaceuticals & Drugs |
Telangana and Andhra Pradesh, both of which are central-south states, have the most pharma CMO manufacturing of all Indian states.
The effectiveness in attracting and marketing itself to the world is the state's biggest strength, along with the security of having an industry-friendly policy that attracts companies to come and set up their base in Gujarat. And, this is what makes the state stand out as a pharmaceutical hub of the country.
Pharmaceuticals is one of the major industries in and around Hyderabad in addition to Information Technology. Contributing to more than 40% of the bulk drug production in the country, Hyderabad has been named as “Bulk Drug Capital of India” and “Vaccine Capital of the World”.
- United States of America.
- United Kingdom.
- South Africa.
- Russia.
- Nigeria.
Value of Indian drugs and pharmaceutical exports FY 2017-2019. In fiscal year 2019, India exported drugs and pharmaceutical products to the U.S. valued at almost six billion U.S. dollars and over 13 billion dollars to the rest of the world.
Which country manufactures the most generic drugs? India dominates the generic drugs market; it exported $17.3 billion worth of drugs — nearly 20 per cent of the global market — in 2017-18.
a) Major Imports: Pulses, Vegetable Oils, etc. b) Minor Imports: Spices, Alcoholic beverages, Marine products etc.
What does India export to USA?
India Exports to United States | Value | Year |
---|---|---|
Pearls, precious stones, metals, coins | $14.11B | 2021 |
Pharmaceutical products | $6.62B | 2021 |
Machinery, nuclear reactors, boilers | $5.25B | 2021 |
Mineral fuels, oils, distillation products | $4.10B | 2021 |
Rank | Country | Share of overall exports |
---|---|---|
1 | United States | 16.94% |
2 | United Arab Emirates | 9.20% |
3 | China | 5.47% |
4 | Hong Kong | 3.53% |
Navinchandra Jamnadas Engineer (born May 1951) is the richest graduated pharmacist in the world. The British billionaire, originally from Kenya, owns Chemidex, an Egham / Surrey based pharmaceutical company that he founded in 1981.
The United States was the largest pharmaceutical market in 2020, generating roughly 46 percent of total revenues worldwide.
Rank | Country | Value of Pharmaceutical Market (in millions of $) |
---|---|---|
1 | USA | 339,694 |
2 | Japan | 94,025 |
3 | China | 86,774 |
4 | Germany | 45,828 |
Despite the constant effort by politicians to win the war on drugs, the US is still the world's largest importer of illegal drugs.
While the United States has the largest population and the greatest absolute prescription drug spending as a country, its spending per capita (shown in Exhibit 1 and Exhibit 2) is still significantly higher than that of other countries.
Mahadeva Lal Schroff: father of Indian pharmacy education.
India contributes the second largest share of pharmaceutical and biotech workforce in the world. India's domestic pharmaceutical market turnover reached Rs. 1.4 lakh crore (US$ 20.03 billion) in 2019, up 9.8% y-o-y from Rs. 1.29 lakh crore (US$ 18.12 billion) in 2018.
Hailed as the “pharmacy of the world”, the booming pharmaceutical industry of India is a leading source of path-breaking innovation especially when it comes to providing life-saving medicines at affordable prices to countries that need them the most.
What is India the largest producer of?
India is the world's largest producer of milk, pulses and jute, and ranks as the second largest producer of rice, wheat, sugarcane, groundnut, vegetables, fruit and cotton. It is also one of the leading producers of spices, fish, poultry, livestock and plantation crops.
India is the third largest producer of pharmaceuticals in the world by volume. The country's Department of Pharmaceuticals reported that it supplies 20% of global exports of “generic” drugs.
Namita Thapar is a popular Indian businesswoman who is the CEO of Emcure Pharmaceuticals her net worth is estimated at around 600 crores in 2021.
Type | MNC (JVs and subsidiaries) |
---|---|
Founder | Satish Mehta (CEO & MD) |
Headquarters | Hinjewadi, Pune, India |
Area served | Worldwide |
Website | www.emcure.com |
President, Corporate Development, Strategy & Finance
He has played a crucial role in spearheading Emcure's growth in Europe and Canada. Vikas has led Emcure's inorganic growth strategies over the years and has spearheaded acquisitions of various companies, brands and product portfolios.
- Sun Pharmaceutical Industries Ltd. Founder. Dilip Shanghvi. ...
- Dr. Reddy's Laboratories Ltd. Founder. ...
- Divi's Laboratories. Founder. Murali Divi. ...
- Cipla. Founder. ...
- Aurobindo Pharma. Founder. ...
- Torrent Pharmaceuticals. Founder. ...
- Lupin Ltd. Founder. ...
- Zydus Cadila Healthcare. Founder.
With a portfolio of more than 800 brands in India, Alkem is ranked the sixth largest pharmaceutical company in India in terms of domestic sales (Source: IQVIA MAT March 2019).
The Indian pharmaceutical industry is the world's 3rd largest by volume and 14th largest in terms of value. Total Annual Turnover of Pharmaceuticals was Rs. 2,89,998 crore for the year 2019-2020.
Sr. No. | Company Name |
---|---|
30 | Ambrosia remedies (p.) Ltd. |
31 | Ambuja solvex pvt. Ltd. |
32 | Ami lifesciences pvt. Ltd. |
33 | Amideep pharmaceuticals |
How many pharmaceutical companies are there in Gujarat?
There are currently approximately 3,500 drug manufacturing units in Gujarat. The state houses several established companies such as Torrent Pharma, Zydus Cadila, Alembic, Sun Pharma, Claris, Intas Pharmaceuticals and Dishman Pharmaceuticals, which have operations in the world's major pharma markets.
India's pharmaceutical market size is over Rs 1-lakh crore per annum. Gujarat contributes 45 per cent to this market's turnover and its export contribution is 40 per cent, official sources informed.
Sr. No. | Company Name | Industry |
---|---|---|
1 | Sun Pharmaceutical Industries Ltd. | Pharmaceuticals & Drugs |
2 | Dr. Reddys Laboratories Ltd. | Pharmaceuticals & Drugs |
3 | Divis Laboratories Ltd. | Pharmaceuticals & Drugs |
4 | Cipla Ltd. | Pharmaceuticals & Drugs |
Value of Indian drugs and pharmaceutical exports FY 2017-2019. In fiscal year 2019, India exported drugs and pharmaceutical products to the U.S. valued at almost six billion U.S. dollars and over 13 billion dollars to the rest of the world.
The country, today, exports to more than 200 countries around the globe including the highly regulated markets of US, Europe, Japan and Australia. India exported drugs worth around $8 billion in 2008-09, most of which to the US and Europe, followed by Central and Eastern Europe, Latin America and Africa.
The first step is to apply for the IEC (Import Export Code) number. Contact the exporters of other countries who are interested in importing the medicines. Register your product in the country you are going to export. Get the approval for export from DCGI (Drug Controller General of India).