MASSIVE! Market size of Indian Pharma Industry is expected to reach $130 Billion by 2030, sector to grow at 28 pa: Union Minister Sadananda Gowda

The total market size of the Indian Pharma Industry is expected to reach $130 Billion by 2030, said Union Minister Sadananda Gowda during the curtain raiser Press Conference on 6th edition of ‘India Pharma & India Medical Device 2021’

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The minister said that the the medical devices industry in India has the potential to grow at 28% per annum to reach $50 Billion by 2025.

"This International Conference will be helpful in converting #COVID19 crisis into an opportunity. During the pandemic, Indian Pharma industries supplied the necessary medicines to over 120 countries while fulfilling the country's own needs," said Union Minister of State Mansukh Mandaviya.

The 6th edition of International Conference on Pharmaceutical & Medical Device sector i.e. INDIA PHARMA 2021 & INDIA MEDICAL DEVICE 2021 is scheduled from 25-26th February, 2021 & 1-2 March, 2021.  

Special focus during the 6th edition of India Pharma & India Medical Device would be the Global Investors Meet by Invest India.