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Indian API Industry: Future Growth Underpinned By Macro Tailwinds

The Indian API industry is projected to achieve an 8.31% CAGR over the next five years.

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Active pharmaceutical ingredients are the chemical-based active compounds required in a drug and are produced mainly in countries like India and China.  India, apart from being a very strong domestic market, having distinct manufacturing capabilities and a highly skilled workforce, is one of the largest producers of the APIs globally. The Indian API industry, standing tall at $11.9 billion within the $53.4 billion Indian pharmaceutic...
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