India's H1 Pharma Exports Rise 4.90% to $16.14 Billion

India's pharmaceutical exports rose 4.90% year-on-year to $16.14 billion in the first half of FY27, driven by strong demand from Europe and other regions.

Exports to Europe grew 9.66% to $3.29 billion, offsetting a 2.05% decline in shipments to the North American Free Trade Agreement market.

Drug formulations and biologicals accounted for 73.84% of total exports, reaching $11.91 billion with a 3.81% annual increase.