Indias pharma exports increase by 9.7% in 2015-16
The Dollar Business Bureau Union Commerce Secretary Rita Teaotia said that India’s pharmaceutical exports have increased by 9.7 percent in the last fiscal, whereas the country’s exports to the US grew to 33 percent. In 2014-15, the country’s pharmaceutical exports were around Rs.96,000 crore. “The country’s pharmaceutical exports are one of the best stories of Indian exports. We have registered 9.7 percent jump and 33 percent growth in exports to the US market. We see a lot of growth potential of pharma exports in coming years,” said Rita Teaotia, Union Commerce Secretary. “Visits of regulatory officials would help to provide better insights into the drug regulatory framework and to understand each other’s benchmark of standards and quality compliances,” she said. Teaotia said that the companies ...
