| Date: |
06-07-2016 |
| Subject: |
India leads China in pharmaceutical exports in 2015 |
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NEW DELHI: India maintained its supremacy over China in pharmaceutical exports in 2015 with a growth of 7.55 per cent to $12.54 billion, the commerce ministry said on Tuesday.
"India's pharmaceutical exports continued its lead over China in 2015 ... India maintains its supremacy over China in pharmaceuticals," the ministry said in a statement.
While India's pharma exports grew from $11.66 billion to $12.54 billion in 2015, recording a growth of 7.55 per cent, China's exports rose by 5.3 per cent to $6.94 billion, it added.
"India moved ahead of China in all important markets such as the US, Africa and the European Union," it added.
India's exports of pharma products to the US jumped by 23.4 per cent to $4.74 billion last year.
Source : timesofindia.indiatimes.com
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