Trade of Generic Drugs

Press Information Bureau

Government of India

Ministry of Commerce & Industry

26-November-2012 15:22 IST

The exports of pharmaceutical products from India during last 3 years have been as under:-

Pharmaceutical industry is highly regulated and most of the countries allow exports only after the companies comply with their registration requirements. 55% of Indian pharmaceutical exports are to highly regulated markets like USA (25%), European Union and other European countries (21%), Canada (1.92%), Australia (1.31%).

As mentioned above, authorizations for exports into a country is given to the individual company once it complies with their regulatory requirements. Indian exports to Africa and Latin American nations during 2010-11 were 17% and 7% respectively of the total Indian pharmaceutical exports.

This information was given by the Minister of State for Commerce & Industry Dr. D. Purandeswari in written reply to a question in Lok Sabha today.

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