Top 5 Reasons Why Indian Pharma Exports Are Booming in 2024

• The main reason behind the expansion of the Indian pharmaceutical export market is top-notch formulations. India is a global pharmaceutical supplier of high-end quality solutions in several therapeutic segments. With strong research and development capabilities, India is serving the widest range of pharmaceuticals for several health conditions. The pharmaceuticals manufactured by leading pharma companies meet international quality standards set by organisations such as WHO-GMP and ISO, which ensure international quality standards and high-end quality.

• One of the biggest reasons for booming Indian pharma exports is the increased global demand for generic medications. As we mentioned before, India is known as the “Pharmacy of the World”, supplying 20% of global generic medications. In India the manufacturing and product cost less, which makes high-end solutions affordable and available to more people globally. This affordability and availability are key reasons for the expected growth in Indian pharmaceutical exports in 2024.

• The growing demand for medications that are capable of addressing chronic conditions. The demand for medications to address conditions such as diabetes, hypertension, and cardiovascular is one of the key reasons for the increase in Indian exports. Several leading Pharma exporters from India are serving innovative solutions to meet the international needs of chronic conditions management medications, which is driving the booming growth of the sector. 

• Government efforts are the key to improving the pharmaceutical export sector and encouraging its expansion. The support helps by increasing production and maintaining international standards, which leads to increasing confidence of international buyers. The backing from the government big contribution in Top 5 Reasons Why Indian Pharma Exports Are Booming in 2024.

• The Indian Pharmaceutical market is dedicated to innovation, which leads to improved development and manufacturing. India highly invests in research and development of new and better treatments, covering several therapeutic segments. This focus on innovation has boosted the sector’s reputation and provided it with a reputed position in the world market, which is another top reason in this list of Top 5 Reasons Why Indian Pharma Exports Are Booming in 2024.

Leading Pharma Exporters in India - Biofield 

Biofield Pharma stands out as a leading Pharma Exporter in India, known for its commitment to quality and innovation in healthcare. Established with the vision of providing affordable and effective medicines, we at Biofield have rapidly gained recognition in the global pharmaceutical market. We are serving pharmaceutical solutions worldwide that are manufactured in WHO-GMP, US-FDA, PICS and EU GMMP-certified state-of-the-art production facilities, ensuring top-notch quality solutions. We provide exclusive monopoly agreements, enabling traders to secure a strong presence in their target regions. Some of the other reasons that help us maintain our position as a leading exporter from India include -

• Diverse product range

• International standards

• Affordable solutions
  Research and development 

• Global reach

We are widely recognised for our wide production capacity, for example, we are producing 10 million tubes per month, 4 million bottles per month, 200 million tablets/month,  20 million capsules, and much more. We have a strong presence in leading international markets including Asia, South Asia, Africa, the United States, North and South America, Latin America, Middle Eastern and North African markets, which is another reason driving our reputation as the Leading Pharma Exporters in India. If you are a seeking individual and looking to set up a business in the pharmaceutical export market, then you can connect with us and operate in the field. 

Contact Information

Name: Biofield Pharma
Address: S.C.F. No. 377, M. Market, Manimajra, India
Phone number: +91-9216300566, +91-9216300166
Email address: info@biofieldpharma.com