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The Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, Government of India, alongside the Federation of Indian Chambers of Commerce and Industry (FICCI) has been effectively pursuing development of Pharma and Medical Device area.
Since the goal has forever been to energize and present best innovation arrangements and assembling, hence, Department of Pharmaceuticals declared India Pharma and India Medical Device series of occasions which is a yearly movement
India being the biggest supplier of conventional meds universally, possessing a 20% offer in worldwide stockpile by volume, providing 62% of Global Vaccine request is a noticeable and quickly developing presence in the worldwide drugs industry.
India positions third overall for creation by volume and fourteenth by esteem
India is home to in excess of 3,000 pharma organizations with a solid organization of north of 10,500 assembling offices presenting more than 60,000 nonexclusive brands across 60 restorative classifications.
India has the biggest number of US-FDA agreeable Pharma plants beyond USA and its API industry is third biggest on the planet, with 57% of APIs on the WHO.