India, known as the “pharmacy of the world,” is a major player in the pharmaceutical industry. While the country exports a significant volume of medicines globally, it also imports various pharmaceutical products to meet domestic demands, including raw materials, active pharmaceutical ingredients (APIs), and specialized medicines.
Top Countries Exporting Medicines to India
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China – The largest supplier of APIs to India, China accounts for nearly 65-70% of India’s pharmaceutical raw material imports. Due to cost-effectiveness and large-scale production, India relies heavily on China for essential drug ingredients.
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United States – The U.S. supplies high-end and innovative medicines to India, including biologics, vaccines, and specialized treatments for diseases such as cancer and autoimmune disorders.
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Germany – Known for its high-quality pharmaceutical technology, Germany exports advanced drug formulations, medical devices, and research-based medicines to India.
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Switzerland – Home to some of the world’s largest pharmaceutical companies, such as Novartis and Roche, Switzerland supplies patented drugs and specialty medicines to India.
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Italy – A significant exporter of pharmaceutical chemicals and formulations, Italy plays a crucial role in India’s medicine imports, especially for high-quality raw materials.
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France – France supplies India with high-value medicines, including vaccines and complex drug formulations. Companies like Sanofi have a strong presence in the Indian pharmaceutical sector.
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Belgium and the UK – These countries export high-quality drugs and specialized treatments for chronic diseases, as well as essential APIs used in India’s pharmaceutical manufacturing.
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