Press Information Bureau

Government of India

Ministry of Commerce & Industry

26-November-2012 15:22 IST

The exports of pharmaceutical products from India during last 3 years have been as under:-

Pharmaceutical industry is highly regulated and most of the countries allow exports only after the companies comply with their registration requirements. 55% of Indian pharmaceutical exports are to highly regulated markets like USA (25%), European Union and other European countries (21%), Canada (1.92%), Australia (1.31%).

As mentioned above, authorizations for exports into a country is given to the individual company once it complies with their regulatory requirements. Indian exports to Africa and Latin American nations during 2010-11 were 17% and 7% respectively of the total Indian pharmaceutical exports.

This information was given by the Minister of State for Commerce & Industry Dr. D. Purandeswari in written reply to a question in Lok Sabha today.

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Regulatory compliance for pharmaceutical exports required for company authorizations and access to highly regulated markets. Import clearance for pharmaceutical exports from India depends on the regulatory and registration regimes of importing countries; export authorizations are issued to individual companies only after they comply with those foreign regulatory requirements, a gating mechanism that interacts with export concentration in highly regulated markets.