Current Affairs - Economy - Discussion

Indian pharmaceutical exports ranked 11th globally in terms of value in 2023, according to a secondary market research analysis published by Bain and Company in 2025. The country's pharmaceutical exports accounted for 3% of the total global pharmaceutical exports. This recognition highlights India's growing significance in the global pharmaceutical industry, alongside its efforts to improve product quality through regulatory measures like the amendments to the Drugs and Cosmetics Act in 2008.