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Indian Pharma Industry

Market Size & Growth

The Indian pharmaceutical industry is the 3rd largest in the world by volume and 14th by value, with a market size of
over USD 50 billion in 2023. It is expected to reach USD 130 billion by 2030, driven by robust demand, export growth.

Government Support

The Indian government is proactively fostering the sector with initiatives such as the Production Linked Incentive (PLI) Scheme, which focuses on boosting domestic manufacturing. Additionally, there are programs aimed at promoting parks for bulk drugs and medical devices.

Global Export Leader

India is the world’s leading supplier of generic drugs, accounting for more than 20% of the global volume of generic medicines. Furthermore, the country meets 50% of the global demand for vaccines, underscoring its vital contribution to global healthcare.

Key Drivers

Growth in the sector is fueled by several factors, including increased healthcare spending, rising income levels, better access to healthcare, and an aging population. Additionally, the digital transformation in healthcare delivery is enhancing the pharmaceutical supply chain, further benefiting the industry.

Maximizing Government Scheme Benefits for Sanitary Pad Production & Supply

  1.  Leveraging Government Schemes :  The company will take advantage of various women-focused schemes such as Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP), Mahila E-Haat, and STEP, to gain market access and financial support for sanitary pad production and distribution.

  2.  Supplying through Government Platform: By participating in programs like PMBJP, the company will supply affordable sanitary pads to women across India, contributing to national initiatives aimed at improving menstrual hygiene, especially in rural areas.

  3.  Applying for Government Tenders : The company plans to actively apply for government tenders under these schemes to supply sanitary pads to public health facilities, schools, and rural outreach programs, further expanding its market reach and social impact.