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India's pharma industry can rise to $120 bn in next 5 years: Goyal
short by Soheib Ahsan / on Tuesday, 9 June, 2026
Union Minister Piyush Goyal on Monday said India's pharmaceutical industry has not reached its potential and could double from $60 billion to $120 billion in the next five years. "About 65-70% of World Health Organisation's requirements on vaccines are sourced from India," he added. Goyal further said that 10 out of the world's 25 largest pharmaceutical firms operate from India.
read more at Financial Express