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flag India is rising as a global healthcare leader, exporting $30.5B in medicines and vaccines in 2024–25, driven by innovation and self-reliance.

flag India is rapidly advancing as a global leader in pharmaceuticals and medical technology, transitioning from import dependence to self-reliance through indigenous innovation and high-quality manufacturing. flag The sector, now the world’s largest supplier of generic medicines and a key provider of vaccines, has seen exports reach $30.5 billion in 2024–25, with a domestic market projected to grow to $130 billion by 2030. flag Government initiatives like the PRIP scheme and the National Medical Device Policy 2023 are driving innovation, expanding India’s 1.5% share of the global medical devices market, and supporting a shift toward high-value production. flag India’s success in developing homegrown antibiotics, vaccines, and medical devices—many meeting international standards—has strengthened its role as a reliable global healthcare partner, particularly during the pandemic.

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