Gujarat clocked the highest growth rate at 22.4 per cent surpassing the industry growth rate, which grew by 10.9 per cent for the rest of the country.Bio-pharma is the largest sector contributing about 62 per cent of the total revenue under Biotechnology, with revenue generation to the tune of over Rs 12,600 crore (US$ 2.03 billion).

And is the world's leader in Drug Master Files (DMFs).The country's pharmaceutical industry is expected to expand at a CAGR of 23.9 per cent to US$ 55 billion by 2020.With 72 per cent of market share, generic drugs form the largest segment of the Indian pharmaceutical sector.
Generic drugs account for 20 per cent of global exports in terms of volume, making the country the largest provider of generic medicines globally. The Government of India plans to set up a US$ 640 million venture capital fund to boost drug discovery and strengthen the industry.
INDIAN PHARMACEUTICAL INDUSTRY AT A Glance IN 2013 - 2014
INDIAN PHARMACEUTICAL INDUSTRY AT A Glance IN 2012 - 2013
INDIAN PHARMACEUTICAL INDUSTRY AT A Glance IN 2011 - 2012
Bulk Drug Manufacturers Association of INDIA
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