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flag India’s pharma exports hit $30.5 billion in 2024–25, up 9.4%, led by U.S. and European demand.

flag India's pharmaceutical exports reached $30.47 billion in fiscal year 2024–25, a 9.4% rise from the prior year, with the U.S. and Europe as top markets. flag The sector, the world’s third-largest by volume and 14th by value, includes over 3,000 companies and 10,500 manufacturing units, supplying medicines to over 200 countries. flag The domestic market, valued at $60 billion, is projected to reach $130 billion by 2030. flag Government initiatives, including new trade agreements and efforts to boost innovation in biologics and biosimilars, aim to expand global exports and strengthen regulatory cooperation.

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