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Need one or two Indian pharma firms to be among global top 5: PM Modi

SECTIONS Need one or two Indian pharma firms · Economy · 2026-08-15

Need one or two Indian pharma firms to be among global top 5: PM Modi

Prime Minister Modi urged Indian pharmaceutical companies to reach global top five. The Indian pharma industry ranks third globally by volume and eleventh by value. This sector is projected to reach 130 billion dollars by the year 2030. Exports have grown significantly, reaching 30.5 billion dollars... Prime Minister Modi urged Indian pharmaceutical companies to reach global top five. The Indian pharma industry ranks third globally by volume and eleventh by value. This sector is projected to reach 130 billion dollars by the year 2030. Exports have grown significantly, reaching 30.5 billion dollars in 2024-25. Sun Pharmaceutical Industries is poised to

Why it matters. Elevating Indian pharma firms to the global top five would significantly boost the country's economic growth, export capacity, and international influence in healthcare.

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