India at 73: Milestones that made us

Celebrating the successes in the ongoing process of building a nation—in education, livelihood and healthcare—through a photo essay
Curated By: Madhu Kapparath
Published: Aug 15, 2020
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Image by : Anton Vergun/TASS via Getty Images

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Generic Drug Manufacturing

By 2017, the pharmaceutical industry in India was valued at $33 billion, with generic drugs accounting for 20 percent of global exports share in terms of volume. This made India the largest provider of generic medicines in the world. Despite large players like Piramal, Torrent, Cipla, Sun Pharma, Aurobindo,

Dr Reddy’s and Glenmark, the industry remains highly fragmented, with more than 10,000 companies. India’s pharma exports grew by 11 percent in FY19, one of its highest growth rates in the last decade.