NishithDesai：2024印度制药工业-监管、法律和税务概述报告（英文版）

The Indian Pharmaceutical industry has gained momentum in the past year and has witnessed an increased focus on encouraging research and development and innovation. Pharmaceutical companies are focussing their resources on biotech startups and pushing for innovation to aim for continued growth in the sector.1 The industry is expected to grow up to USD 130 billion in value by the end of 2030. 2 The domestic pharmaceutical market grew by 6.8% in 2023.3 In FY 2023–24, India’s drug and pharmaceutica