India saw the highest value of imports in active pharmaceutical ingredients (API) in financial year 2019 of approximately 250 billion Indian rupees in the mentioned time period. India's dependency on APIs from other countries has been growing at a relatively steady pace since financial year 2012. Even though India is a top global exporter of drugs, the pharmaceutical industry, paradoxically, is also one of the largest importers of bulk drugs such as APIs from other countries, in particular, from China.
Value of active pharmaceutical ingredient (API) imports in India from financial year 2012 to 2020 (in billion Indian rupees)
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Confederation of Indian Industry. (April 11, 2020). Value of active pharmaceutical ingredient (API) imports in India from financial year 2012 to 2020 (in billion Indian rupees) [Graph]. In Statista. Retrieved May 19, 2024, from https://www.statista.com/statistics/1136186/india-api-imports/
Confederation of Indian Industry. "Value of active pharmaceutical ingredient (API) imports in India from financial year 2012 to 2020 (in billion Indian rupees)." Chart. April 11, 2020. Statista. Accessed May 19, 2024. https://www.statista.com/statistics/1136186/india-api-imports/
Confederation of Indian Industry. (2020). Value of active pharmaceutical ingredient (API) imports in India from financial year 2012 to 2020 (in billion Indian rupees). Statista. Statista Inc.. Accessed: May 19, 2024. https://www.statista.com/statistics/1136186/india-api-imports/
Confederation of Indian Industry. "Value of Active Pharmaceutical Ingredient (Api) Imports in India from Financial Year 2012 to 2020 (in Billion Indian Rupees)." Statista, Statista Inc., 11 Apr 2020, https://www.statista.com/statistics/1136186/india-api-imports/
Confederation of Indian Industry, Value of active pharmaceutical ingredient (API) imports in India from financial year 2012 to 2020 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1136186/india-api-imports/ (last visited May 19, 2024)
Value of active pharmaceutical ingredient (API) imports in India from financial year 2012 to 2020 (in billion Indian rupees) [Graph], Confederation of Indian Industry, April 11, 2020. [Online]. Available: https://www.statista.com/statistics/1136186/india-api-imports/