India Pharma industry has grown over 15% annually

India Pharma industry has grown over 15% annually in the last decade. Similar growth trend is expected to continue in the next 5 years - Indian pharmaceuticals market is the third largest in terms of volume and 13th largest in terms of value - Exports continue to the major reason for the growth and stability of Indian pharma industry - Exports are expected to account for 72% of the total pharma production and reach a value of USD 40 billion by 2020. - USA also imports pharma products from over 100 countries.

Germany remains the largest supplier, whereas India stands at fourth position in terms of value. India exported USD 4 billion worth of drugs to USA. Needless to say, USA is the top destination for Indian pharma exports.

 India is the world leader in generic pharmaceuticals production and ranks among the top 20 pharma exporting countries. India is also a major vaccine producer and these vaccines are exported to over 150 countries. Critical and developed markets like US and UK are driving growth in the generics segment.

 Apart from the developed markets, Indian pharma companies have established a strong presence in other fast growing semi-regulated markets like Russia and, many African and Latin America countries. - Contract Research and manufacturing services (CRAMS) is one of the fastest and latest growing segments in pharmaceutical market. @Source - moneycontrol.

Pharmaceutical Industry is the valued sector for INOXPA and played a very important role in company growth. INOXPA is contributing its research and development to strengthen Pharmaceuticals sector by offering wide range of solutions for increasing its efficiency and productivity.

INOXPA has huge clientele across the globe in pharmaceuticals and cosmetics industry and we are consistently receiving overwhelming response from them.

Products manufactured by INOXPA are widely accepted in the pharmaceuticals and cosmetics industry and used to perform wide range of applications such as Pumps for transfers, Mixing equipment for dispersion, homogenization and mixing, Valves and Fittings for flow control. INOXPA is also pioneer in manufacturing of SKIDs for complete production processes.

For any query, please contact us at inoxpaindia.sales@inoxpa.com !