Pharma and Healthcare Practice

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Indian pharmaceutical sector at present is around USD 37 billion (INR 2,50,000 crore) turnover with more than 50% of which is exports. The current growth rate of Indian pharma is around 10-12% which had earlier grown at 15% CAGR till a few years back. India is the largest supplier of generic drugs across globe. North America counts for nearly 33% of the exports from India.

The manufacturing and exports of pharmaceuticals include bulk drugs, intermediates, drug formulations, biologicals, herbal, surgical etc. The other sub-sets are regenerative medicine, bio-agriculture, bio-informatics, Clinical Research Services among to others. India is largest producer of recombinant Hepatitis B vaccine across the globe. India is one of the 15 destinations for biotechnology in the globe.