Pharmaceutical Exports News - Latest Updates & Headlines
EU's exports of medicinal, pharma products up by 13.5 per cent in 2024
Brussels, April 15: In 2024, EU exports of medicinal and pharmaceutical products increased by 13.5 per cent compared with 2023, reaching Euro 313.4 billion. At the same time, imports only recorded a modest increase of 0.5 per cent, amounting to Euro 119.7 billion, according to figures published by Eurostat, the statistical office of the European Union.
US tariffs: Piyush Goyal likely to meet exporters this week
New Delhi, April 6: Keeping the US reciprocal tariffs and its future impact on Indian businesses in mind, Union Commerce and Industry Minister, Piyush Goyal, is likely to meet exporters this week.
India in active talks with domestic pharma exporters amid new US tariff threat
New Delhi, April 4: The Commerce Ministry is in active talks with Indian pharmaceutical exporters amid growing concerns over possible US tariffs on the sector, which was exempted in the first tranche of reciprocal tariffs by US President Donald Trump.
Experts welcome US reciprocal tariff exemption on pharma, call to boost domestic manufacturing
New Delhi, April 3: Industry experts on Thursday welcomed the exemption of Indian pharmaceutical exports from Trump’s reciprocal tariffs while also stressing the need to strengthen domestic manufacturing.
Indian pharma market to grow 8-9 per cent in FY26: Report
New Delhi, March 10: Indian pharmaceuticals market is expected to grow 8-9 per cent year-on-year in FY26, according to a report on Monday.
Hyderabad airport records 22 pc growth in cargo during 2024
Hyderabad, March 3: The Hyderabad International Airport recorded 22 per cent cargo growth during the calendar year 2024.
Indian pharma sector sees growth at 8 pc CAGR, export rates spike by 9 pc in 2024: Report
New Delhi, Feb 28: The Indian pharma sector has grown at 8 per cent CAGR and has also seen a 9 per cent increase in export rates in 2024, according to a report.
India's pharma exports has potential to reach $350 billion by 2047: Report
New Delhi, Feb 9: India's pharmaceutical exports are projected to double from approximately $27 billion in 2023 to reach $65 billion by 2030, and can further grow to an estimated $350 billion by 2047, according to a new report.