FICCI@100 : 704 days to go
Become a Member Members Zone Employee Zone

Pharmaceuticals

Sector header

 
 
The Indian Pharmaceutical Sector:
  • The pharmaceutical industry, currently valued at USD 50 Bn and is expected to reach USD 130 Bn by 2030.
  • The Indian pharmaceutical sector grew at a modest CAGR of 6.6 percent from 2016 to 2019 and it is predicted to rise at a CAGR of 12.3 percent from 2020 to 2030, attaining USD130 billion goal.
  • The Indian pharmaceutical industry is the world's third largest by volume and fourteenth largest in terms of value.
  • The COVID-19 pandemic has shown that India can not only innovate but also rapidly distribute time-critical drugs to every part of the globe.
  • Indian medicines are preferred worldwide because of the low price and high quality, thereby rightly making the country the “pharmacy of the world”.
  • Globally the country is the largest provider of generic drugs with a 20 percent share by volume and is known for its affordable vaccines and generic medications.



FICCI Pharma: Key Activities

  • FICCI Pharma Team work closely with the government on policy issues, enhancing efficiency, competitiveness and expanding business opportunities for industry through a range of specialized services and global linkages. It also provides a platform for sector specific consensus building and networking. It has been actively involved in organizing stakeholder consultations/Roundtable Meetings, conferences and seminars, providing an opportunity for interaction between the industry and the policy makers, to identify the various impediments to the growth and functioning of the industry and to come out with prospective solutions.
     
  • FICCI in partnership with the Department of Pharmaceuticals (DoP), Ministry of Chemicals & Fertilizers organizes the "India Pharma and India Medical Devices" annual flagship event in the pharma & Medical Device sector. This event provides a unique platform to the stakeholders to deliberate and address key issues, identify challenges and chart a road map for India to take a rightful place as a preferred destination of choice for Drug Discovery, Research & Development and Manufacturing to become globally competitive.

 

Team Leader

Manoj Mehta

Senior Director
2024
Aug
Press Release

Govt working on a scheme to strengthen Indian Medical Device sector: Secretary, Department of Pharmaceuticals, GoI

Mar
Press Release

Dr Mansukh Mandaviya inaugurates 51 greenfield projects under PLI scheme for Bulk Drugs and Medical Devices

2023
Aug
Press Release

Bhagwanth Khuba, Union Minister of State for Chemicals & Fertilizers, GoI addresses valedictory session of ‘India MedTech Expo 2023’, Gandhinagar,Gujarat

Press Release

Government has formulated a scheme namely ‘Promotion of Research and Innovation in Pharma MedTech Sector’

Press Release

World eager to invest in India’s MedTech sector: Dr Mansukh Mandaviya 

Press Release

Govt adopting holistic approach to make India a global hub of Medical Devices, set to become $50 billion industry soon: Dr Mansukh Mandaviya

Event
FICCI Events:

Curtain Raiser: India MedTech Expo 2023

Explore
Jan
Event
FICCI Events:

2nd Pharmaceutical Task Force Meeting for development of a Self-Regulatory, Evidence-based code of marketing for antibiotics, focusing on the primary care setting, in association with Oasis Consortium

Explore
Event
FICCI Events:

FICCI Pharma Working Group Meeting 2023

Explore
2022
Dec
Event
FICCI Events:

Multi-Stakeholder Workshop on "Role of Policy in enhancing awareness around Vaccine-Preventable Diseases"

Explore
Event
FICCI Events:

Discussion on Health System Sustainability & Resilience

Explore
Press Release

Cholesterol check must become part of diabetes and BP screening to improve India's Heart Health: Experts

Nov
Event
FICCI Events:

National Round Table on Unmet needs in Heart Health - Elevating the under-rated risk factors

Explore
Event
FICCI Events:

Pharmaceutical Task Force for development of a Self-Regulatory, Evidence-based code of marketing for antibiotics, focusing on the primary care setting, in association with Oasis Consortium

Explore
Sep
Event
FICCI Events:

FICCI Pharma Committee Meeting 2022

Explore
Aug
Event
FICCI Events:

Consultation on Evidence-based Marketing of Antibiotics in Association with Oasis Consortium

Explore
Apr
Study
FICCI Study: Transforming Healthcare Through Innovation & Integrated Services

Transforming Healthcare Through Innovation & Integrated Services

Explore
Study
FICCI Study:Impact of the Pharma Industry on the Indian economy in the post-COVID era

Impact of the Pharma Industry on the Indian economy in the post-COVID era

Explore
Event
FICCI Events:

7th International Conference on Pharmaceutical & Medical Device Sector

Explore
2021
Sep
Press Release

Pharmacoeconomics can aid policy makers and healthcare providers in evaluating affordability and access to reasonable drug use: Dr Sangita Reddy, Immediate Past President, FICCI

Event
FICCI Events:

Virtual Conclave on Integrating Methods of Pharmaco-economics to accelerate Healthcare Transformation 2.0 (IMPACT 2.0)

Explore
Feb
Event
FICCI Events:

India Pharma 2021 & India Medical Device 2021

Explore
Press Release

Indian Pharma market is expected to grow to US$ 130 billion by 2030: DV Sadananda Gowda

Jan
Event
FICCI Events:

COVID Vaccine Rollout - Key Learning’s and preparedness for Phase 2

Explore
2020
Dec
Press Release

State governments geared up to tackle vision care during pandemic: Experts

Event
FICCI Events:

Central and West conclave of the Spotlight on Visually Impaired in the wake of COVID-19

Explore
Nov
Event
FICCI Events:

Pharmaceutical Technology - The Way Forward

Explore
Sep
Press Release

Need to create more awareness across the country on vision care: Industry Experts

Aug
Press Release

Govt to soon formulate comprehensive eye care package for visually impaired: Economic Advisor, MoH&FW

Press Release

e-Pharmacies can collaborate with CSCs to improve healthcare access in rural areas: MoS Health & Family Welfare

Study
FICCI Study:ePharmacies at COVID-19 Frontline

ePharmacies at COVID-19 Frontline

Explore
Jul
Press Release

FICCI Statement on Bulk Drug Park and Production Linked Incentive (PLI) Scheme

Jun
Press Release

FICCI applauds ICMR strategy for calibrated ramping up of the covid-19 testing

Press Release

Govt to come up with regulatory guidelines for OTC drugs - Dy Drug Controller, MoH&FW

Press Release

Quality, trust, transparency critical for the healthcare industry: Joint Secretary, Department of Commerce

Press Release

Need for effective public health approach on the ground to control COVID-19: Dr V K Paul, Member, NITI Aayog

Press Release

Industry should come forward to develop Pharma and Medical Devices parks - Mansukh Mandaviya

Event

Virtual Healthcare & Hygiene Expo 2020

Explore
Press Release

Need to create more awareness in rural, tribal areas on Sickle Cell disease and its management - Arjun Munda

Event

National Sickle Cell Conclave: World Sickle Cell Day 2020

Explore
May
Press Release

FICCI launches first international 'Virtual Healthcare and Hygiene Expo 2020'

Study
FICCI Study:FICCI Recommendation on Regulatory Reforms for Pharma Sector in India

FICCI Recommendation on Regulatory Reforms for Pharma Sector in India

Explore
Mar
Press Release

FICCI welcomes Cabinet decision on Bulk Drug Parks

Press Release

India Pharma 2020 and India Medical Device 2020 focuses on clarity on changing regulatory scenarios

Study
FICCI Study:Reshaping India into a life sciences innovationhub

Reshaping India into a life sciences innovationhub

Explore
Event

India Pharma 2020

Explore
Event

India Medical Device 2020

Explore
2019
Dec
Event

Indian Analytical Congress - 2019

Explore
Nov
Event

India Pavilion @ Pharmtech & Ingredients Expo

Explore
Sep
Event

INDIA PAVILION AT PHARMATECH EXPO 2019

Explore
Feb
Press Release

Access to affordable medical care and National Health Protection Scheme, priority of Government: D V Sadananda Gowda

Jan
Press Release

India Pharma 2019 & India Medical Device 2019 on 18-19 Feb. in Bengaluru

2018
Nov
Event

India Pavilion at Pharmtech & Ingredients Expo

Explore
Feb
Event
FICCI Events:

India Pharma 2018: International Exhibition & Conference on Pharmaceutical Industry

Explore
Study
FICCI Study:Trends & Opportunities for Indian Pharma

Trends & Opportunities for Indian Pharma

Explore
2017
Dec
Study
FICCI Study:Medical Value Travel in India: A Value Driven & Patient Centric Initiative

Medical Value Travel in India: A Value Driven & Patient Centric Initiative

Explore
Mar
Event
FICCI Events:

India Pavilion at INTERPHEX 2017

Explore
Feb
Study
FICCI Study:knowledge paper on "Towards Quality Excellence: Journey of the Indian Pharmaceutical Industry"

knowledge paper on "Towards Quality Excellence: Journey of the Indian Pharmaceutical Industry"

Explore
Event
FICCI Events:

2nd International Exhibition & Conference on Pharmaceutical Industry

Explore
2016
Nov
Press Release

FICCI launches Self-regulation Code of Conduct for the e-pharmacy sector

Aug
Press Release

FICCI welcomes Department of Pharmaceutical's move towards broadbased stakeholder consultations

Feb
Press Release

Indian Pharma sector poised to become future world hub

Jan
Study
FICCI Study:Realising "Make in India"- Journey to become the most preferred manufacturer of high quality affordable medicines

Realising "Make in India"- Journey to become the most preferred manufacturer of high quality affordable medicines

Explore
2015
Jun
Study
FICCI Study:Indian life sciences: Vision 2030 - Expanding global relevance and driving domestic access

Indian life sciences: Vision 2030 - Expanding global relevance and driving domestic access

Explore
Event
FICCI Events:

FICCI Life Sciences Conference 2015 'Pharma Vision 2030: Building India's Global Relevance'

Explore
Apr
Event

Regional GMP Strengthening Workshop for Indian Pharmaceutical Manufacturers and State Regulators” Focused on GMP in production of Active Pharmaceutical Ingredients and Oral Solid Dosage Forms

Explore
Mar
Event

Indian Pharma Summit

Explore
Feb
Event

GMP Strengthening for Indian Pharmaceutical Manufacturers focused on GMP in production of Active Pharmaceutical Ingredients and Oral Solid Dosage Forms

Explore
2014
May
Press Release

Leading journos recommend women to organize as pressure groups to increase their participation and numbers in politics

Mar
Study
FICCI Study:Position Paper: Enhancing India's Global Role in Supply of Generic Medicines

Position Paper: Enhancing India's Global Role in Supply of Generic Medicines

Explore
Event

India Pharma Summit 2013-14

Explore
Press Release

Prolonged crisis in Ukraine could affect Indian pharma companies

Jan
Event

Regional workshops on GMP Strengthening for Indian Pharmaceutical Manufacturers focused on GMP in production of Active Pharmaceutical Ingredients and Oral Solid Dosage Forms

Explore
2013
Sep
Event
FICCI Events:

Roundtable Discussion with Indian Pharmaceuticals & Diagnostics Industry Leaders & UNITAID Executive Director

Explore
2012
Dec
Study
FICCI Study:Pharmerging shake-up

Pharmerging shake-up

Explore
Study
FICCI Study:ACCESS TO Medicines & Global Outreach SUMMIT

ACCESS TO Medicines & Global Outreach SUMMIT

Explore
Event
FICCI Events:

India Pharma Summit-2012

Explore
2011
Nov
Event
FICCI Events:

India Pharma Summit

Explore
2010
Dec
Press Release

Joint China-India Tendering for Global Pharma Export Orders Possible Given China's Strengths in API Production, India's Capability in Formulations & Ability to Prepare Bid Documents: China Chamber

Nov
Event

2nd India Pharma Summit

Explore
Event

India Pharma Summit - 20100

Explore
2009
Event

India Pharma Summit 2009

Explore
Event
FICCI Events:

Competition Law and Pharmaceutical Industry - Opportunities and Challenges

Explore
Aug
Press Release

Global Pharma Companies Looking to India Advantage for Clinical Research Services: FICCI - E&Y Paper