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India is the one of the largest providers of generic drugs globally and best known for its affordable vaccines and generic medications. India has a maximum number of pharmaceutical manufacturing facilities which are in compliance with the US Food and Drug Administration (USFDA) and has over 500 Active Pharma Ingredients (API) producers that make for around 8% of the worldwide API market.
India is the 12th largest exporter of medical goods in the world. Indian drugs are exported to more than 200 countries in the world, with the US being the key market. Generic drugs account for 20% of the global export in terms of volume, making the country the largest provider of generic medicines globally.
The Indian pharma industry is currently valued at $49 billion and is the third largest in the world and is expected to grow to $130 billion by 2030. The Indian drugs and pharmaceuticals sector received cumulative FDIs worth US$ 19.41 billion between April 2000-March 2022. The foreign direct investment (FDI) inflows in the Indian drugs and pharmaceuticals sector reached US$ 1,414 million between in FY 2021-22
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Explore the major benefits of registering your business as a Private Limited Company.
The company and its members are treated as separate legal persons with distinct identities.
The company continues to exist even after death, insolvency, or resignation of shareholders or directors.
Members are liable only up to the unpaid amount on the shares held by them.
Shares can be transferred easily, making ownership transition simple and structured.
Foreign investors and entities can invest directly in a Private Limited Company.
Company information is publicly available, increasing transparency and trustworthiness.
Download our comprehensive guides to help you understand the business landscape in India and make informed decisions.
