Indian pharmaceutical exports rise 4.90% in first half of FY27

India’s pharmaceutical exports rose 4.90% year-on-year (YoY) to $16.14 billion in the first half of FY27, as strong demand from Europe, Latin America and ASEAN markets offset a decline in shipments to North America.

Europe emerged as a key growth driver, with exports rising 9.66% to $3.29 billion. Exports to Africa, Latin America and ASEAN also increased, helping sustain overall export growth despite weaker shipments to North America.