From $14 billion to $31 billion in twelve years — affordable medicine reaching patients in 200+ countries.
Source: DGCIS India · FY 2025–26 (April 2025 – March 2026)
DGCIS India, 487 pharma HS codes, FY 2014–15 to 2025–26
India moved from intermediates toward finished, higher-value medicine. Vaccines emerged as a new pillar that did not exist at scale in 2015.
DGCIS India, 487 pharma HS codes. FY 2015 = Apr 2014–Mar 2015; FY 2026 = Apr 2025–Mar 2026. Vaccine category appears from FY 2023.