Over 60% of pharma MSMEs yet to comply with updated manufacturing normsPharma industry officials say the revised Schedule M regulations could require Rs 10-15 crore per facility in upgrades, while talent shorta...
Rising input costs, export slump take a toll on drug companies' healthAccording to industry executives, the modest price hike of 0.6% that the government has allowed on essential medicines effective April 1 is...
Pharma exports surpass $31 billion in FY26 despite global headwindsIndian pharmaceutical exports reached over $31 billion in FY26. March saw a significant 23% drop, primarily due to a slowdown in the United...
Compliance squeeze, global scrutiny redefine India’s $30 billion pharma export playbookAs global markets prioritise quality and regulatory trust, India’s pharma sector is recalibrating beyond its traditional cost advantage.
Maharashtra targets Rs 30 lakh crore inflows to become a global investment hubMaharashtra targets ₹30 lakh crore in investments to become a global hub. The state is focusing on infrastructure, logistics, and clean ene...
Govt's ammonia rule to hurt pharma cos as directive restricts sale of surplus to fertiliser firmsIndia’s pharmaceutical industry faces a potential raw material crunch after the government restricted surplus ammonia supply to fertiliser ...
'Allocate key chemicals to avert drug shortages', says Pharmexcil amid West Asia warIndian drug makers face a critical shortage of essential raw materials. Pharmexcil has asked the government to divert supplies of propylene...
Pharma exporters seek freight sops and logistical support as costs riseAs tensions in West Asia escalate, Indian pharmaceutical exporters are grappling with surging costs. In response, Pharmexcil is advocating ...
PHARMEXCIL discusses export momentum, MSME support with govtPHARMEXCIL leadership met with senior Indian government officials to strategize for global market expansion and policy alignment in the pha...
India's pharma biz can reach USD 130 billion by 2030: Industry expertsChairman of PharmExcil (Pharmaceuticals Export Promotion Council of India) Veeramani S V said the Indian pharmaceutical industry is on a co...
India urges China to clear bottlenecks on key pharma raw-materialThe Pharmexcil director-general Ravi Uday Bhaskar wrote to Indian Ambassador in China Vikram Misri for an immediate intervention in the bac...
Pharmexcil plans warehouse in Nigeria to boost trade to AfricaPharmexcil is mulling to establish a warehouse in Nigeria to encourage export business of small- and medium-sized drug companies to African...
Apex pharma trade body to open warehouses abroadTo encourage export business of small and medium pharma companies, Pharmexcil plans to set up warehouse facilities in Latin America, Africa...
- Government should help local pharma compete with China: Pharmexcil
The government should make efforts to strengthen the domestic industry in view of rising bulk drug imports from China.
- Pharma exports grew over 23 per cent in 2011-12: Pharmexcil
Indian pharma exports grew by 23.34 per cent in the last fiscal, Pharmaceuticals Export Promotion Council of India (Pharmexcil) said.
- Pharmexcil to set up warehouse in Africa and Latin America
Pharmaceuticals Export Promotion Council (Pharmexcil) will soon have warehouses in Africa and Latin America under co-operative marketing mo...
- Pharma exports may grow by 20% this fiscal and touch $12 billion mark: Pharmexcil
According to international consulting firm Pricewaterhouse, by 2020 the pharmaceutical market is anticipated to be at USD 1.3 trillion.