05-May-2026
Economy News
 
Pharma exports surpass $31 billion in FY26 despite global headwinds
05-May-2026

India's pharmaceutical exports crossed $31 billion in FY26, despite a 23% year-on-year decline in March with official data showing that the industry is grappling with a sharp slowdown in the US, among the top export markets. Shipments to the US fell 10% in March while those to China, another major destination for Indian pharma, contracted 11.54%.

News Source:- https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/pharma-exports-surpass-31-billion-in-fy26-despite-global-headwinds/articleshow/130810563.cms