India Strengthens Its ‘Pharmacy of the World’ Role as Generic Drug Supply Reaches 30% of Global Demand
It reflects India’s central role in making affordable medicines available across both developed and developing markets, and explains why the country is so often described as the “pharmacy of the world.” India’s pharmaceutical strength has been built on its ability to manufacture large volumes of quality medicines at relatively low cost, giving it a competitive advantage in a world where healthcare affordability has become a strategic concern as much as a public health one.