Published on September 28, 2015

The Indian Pharma market is estimated at INR 90,400crore (US $ 15 Billion) ending 2015 with growth of around 12%. It is estimated that approximately 27-30% of India’s Pharmaceutical market is provided to by multinationals operating in India. In Pharmaceutical industry around 460,000 people are anticipated to be employed in the pharmaceutical Industry.

Top 20 companies account for 64 % of the market. 8 out of the top 20 are growing faster than the market, with Macleoids  topping the list with 23.4% growth followed by Intas with 21.3 %, Cipla 19.7% Glemark over 19.4% growth and mankind 19.3% .

Indian drugs exported to more than 200 countries in world. Indian Pharma sector is the largest provider of generic medicines globally and expected to enlarge even further in upcoming Year.  Government of India plans to set up a USD 60 million venture capital fund to enhance drug discovery and strengthen Pharmaceutical infrastructure.