India Active Pharmaceutical Ingredients Market: Size, Share, and In-Depth Competitive Analysis Towar
According to the TechSci Research report, “India Active Pharmaceutical Ingredients Market - By Region, Competition, Opportunities and Forecast, 2020-2030F,” the India Active Pharmaceutical Ingredients (API) Market was valued at USD 13.60 billion in 2023 and is projected to reach USD 21.99 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 8.30%. This growth is being driven by collaborations and partnerships among leading pharmaceutical companies aiming to merge expertise, strengthen market positions, and address the increasing demand for APIs. Additionally, cost-effective manufacturing remains a cornerstone of the API industry, ensuring the affordability of essential medications, particularly for chronic and life-threatening conditions.
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