said the country's pharma exports grew 9.4 per cent in 2024-25 to USD 30.47 billion and the industry is aiming for a double-digit expansion in 2026-27.

Issues pertaining to pharmaceuticals exports were discussed between the Government officials and industry during Chintan Shivir in Ahmedabad.

 

 The sector, currently valued around USD 60 billion, is projected to reach USD 130 billion by 2030. India ranks third globally by volume, with medicines exported to over 200 markets, and more than 60 per cent of exports destined for stringent regulatory markets. 

 

“The interaction underlined the Government’s focus on enabling conditions for sustained export acceleration, with industry indicating readiness to target double-digit growth in 2026-27,” it said.