India 11th Largest In Global Pharma Exports
Inspected 905 units on quality, taken 694 actions so far: Minister
India 11th Largest In Global Pharma Exports
New Delhi: With the government taking several measures to ensure the quality, safety and efficacy of medicines, the Indian pharmaceutical exports ranked 11th globally in value terms in the year 2023, Anupriya Patel, Union Minister of State (MoS) for Chemicals and Fertilisers, said in the Rajya Sabha on Tuesday.
Citing a research analysis published by Bain and Company in the year 2025, Patel said that the total pharmaceutical exports accounted for 3 per cent.
“The Central Drugs Standard Control Organisation (CDSCO) and the Ministry of Health and Family Welfare have taken several measures to ensure the quality, safety, and efficacy of medicines,” Patel said, in a written reply.This includes risk-based inspections of drug manufacturing and testing firms in December 2022 by the CDSCO, in collaboration with State regulators.
“About 905 units have been inspected, resulting in 694 actions being taken,” the Minister added.
Meanwhile, the MoS also stated that the National Pharmaceuticals Pricing Policy (NPPP), 2012 has laid down principles for the regulation of prices of drugs.
