India’s pharmaceutical industry, valued at around US$58 billion, is projected to reach US$120-130 billion by 2030 and US$400-450 billion by 2047. Growth is driven by rising lifestyle diseases, an aging population, increased focus on holistic health, and the growing consumerization of healthcare. India allows 100 percent FDI under automatic approval for greenfield investments and up to…
Often hailed as the 'pharmacy of the world,' the Indian pharmaceutical industry is booming. It jumped from $40 billion in 2021 to an expected $130 billion in 2030, with projection hitting Beyond just keeping up with the demand at home, the Indian pharma industry commands over 20% of the global pharma supply chain and addresses…
Manufacturing functionalized APIs
Active Pharma Ingredients (APIs) are the raw materials that go into manufacturing medicines. APIs are those ingredients that facilitate the intended health effects of the medicine. Many leading companies that manufacture specialized APIs are renounced for their immense contribution to alleviating the Indian healthcare system. Thus, The Indian pharmaceutical industry has earned its…
What will it take for India to become a global pharma powerhouse by 2047?
Discover the insights from top industry leaders and explore how India is setting the stage to become the world’s pharma powerhouse.
In brief
India’s pharma sector is set to reach US$450 billion by 2047, with a focus on self-reliance, innovation and global expansion.
Next wave of industry growth will be driven by innovation in next-generation…
To maintain profitable and resilient operations, CEOs and COOs of pharma companies may need to make bold changes to their operations strategy as the industry navigates new challenges.
many pharmaceutical companies (pharmacos) deprioritized operations strategy in the face of competing business pressures. This is now changing. Factors such as the COVID-19 pandemic, inflation, geopolitics, new therapeutic…
