Pharma exports increased by 3.25% in FY23 to $25.3 billion.

In FY23, pharmaceutical exports increased by 3.25 percent to $25.3 billion. Export growth in 2021–2022 was nearly flat at 0.71 percent, or $24.62 billion. The US, Canada, and Mexico (NAFTA), then Europe, received a significant portion of exports. According to R Uday Bhaskar, Director-General of the Pharmaceuticals Export Promotion Council (Pharmexcil), “I think this is…

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