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Indian Pharmaceutical Industry
Pharmaceutical exports of India during 2009-10 are about US $9.47 Bn with about 28% growth rate. Major products exported include APIs and Intermediates, Pharmaceutical formulations, bitech products, veterinary drugs, Herbals, Ayurvedic, Homeo, Unani products, Medical devices etc. India export to about 23 countries with more than 50% of exports Regulated Markets. The country is 9th largest exporter of APIs/Bulk Drugs and it ranked 8th in terms of export volumes. India exported US$5.00bn worth of formulations in 2008 which represents a growth of 30.56% over the previous year. It ranked 15th in value terms and 3rd in volume terms.
 
India-CIS Countries Pharma Trade
Indian Pharma exports to CIS countries contribute about 7% of its total exports in 2008-09 with Russia ($330.84 mn) occupying first place followed by Ukraine ($ 149.66 mn), Kazakhstan US$ 36.33mn) , Uzbekistan ($23.99 mn), Belarus ($17.14 mn), Turkmenistan ($8.14 mn), Azerbaijan ($7.31), Moldova ($5.24 mn), Kyrgyzstan ($4.57 mn), Georgia ($4.52mn) , Tajikistan ($4.51mn) and Armenia ($0.65 mn). Main products exported to CIS countries include antibiotics, antibacterial, antiprotozoal, antifungal, cephalosporin, anthelmintics, antiamoebics, medicaments and medicants of Ayurvedic, etc.

Keeping the great potential for increasing India's exports to CIS countries, Pharmexcil, with the support from Govt. of India, is organizing India-CIS Pharma Business Meet during 19-21st July 2010 at Hotel Renaissance, Mumbai. This is the second time Council is organizing Pharma Meet involving CIS countries, first being the organized in 2006.
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