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Pharma Exports Hit Rs 1.83 Lakh Crore in 2021-22

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India's pharma sector has seen a resurgence in recent years, with exports hitting Rs 1.83 lakh crore in 2021-22. The sector has been growing steadily and is expected to continue doing so in the coming years. India's pharmaceutical industry is the third-largest in the world in terms of volume and tenth largest in terms of value. Its role in the economy and the GDP of the country is significant. The pharma industry contributes 2% of India's GDP and employs around 4 million people.   The Indian pharma industry is expected to grow at a CAGR of 37% to reach USD 50 billion by 2025. The country has a large number of FDA-approved generic drug manufacturing facilities and is one of the world's leading suppliers of generic drugs.   Initiatives By Government To Boost Pharma Sector The Government of India has played a pivotal role in the development of the country's pharmaceutical industry. It has taken several initiatives to boost the sector, which include:   ●    

Pharma exports hit Rs 1.83 lakh crore in 2021-22

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The commerce ministry announced on Sunday that pharmaceutical exports reached Rs 1,83,422 crore in 2021-22, up from Rs 90,415 crore in 2013-14. Despite global trade interruptions and a reduction in demand for COVID-related drugs, exports in 2021-22 grew at a healthy rate, according to the report. "India is noted for producing 60percent of the world's major vaccinations and 20percent of generic pharmaceuticals." The government claimed, "Indian pharma businesses have established a worldwide imprint, enabled by their competitiveness and high quality." In terms of volume, India is third, while in terms of value, it is fourteenth. The local pharmaceutical sector is currently worth roughly USD 50 billion. Pharmaceuticals and medications account for 5.92 percent of all worldwide exports. According to the ministry, formulation and biological agents continue to make up the bulk of the country's overall exports, accounting for 73.31 percent, followed by bulk medicine

Extra Super Tadarise

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Extra Super Tadarise Generic Tadalafil 40 Mg and Dapoxetine 60 Mg are powerful impotence medications used to treat erectile dysfunction and untimely discharge. Since 1963, the Jindal Medical Store has specialized in exporting erectile dysfunction products. We are one of India's most reputable pharmaceutical exporters. Whether you are a manufacturer, Exporter, Supplier, or Wholesaler, Jindal Medical Store is the best place for you. Our 237 importers have earned over 47 million dollars in income with a CAGR ranging from 17 percent to 130 percent since their first year with us. So now let's talk about extra Super Tadarise.  What is Extra Super Tadarise? Extra Super Tadarise is a treatment for erectile dysfunction and early pinnacle in men. Prosecution offerings that affect sexual enjoyment include a failing or erectile brokenness and portentous launch. To address the two difficulties, Extra Super Tadarise installs large plasterings. Tadalafil addresses erectile dysfunction, a

Kamagra Jelly Vol 1

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  What is Kamagra Jelly Vol 1? Kamagra Oral Jelly Vol 1 is the most popular medicine for treating impotence (erectile dysfunction) in men, which is nothing but the incapability to maintain or achieve a hard erect penis apt for sexual activity because of inadequate blood flow into the penis. Kamagra Oral Jelly unwinds the blood vessels in men’s penis to boost the blood flow and cause an erection. It is the natural response to sexual arousal. But, Kamagra Oral Jelly can work if you are stimulated sexually.  Kamagra Exporter from India  exports this medicine as single dose separate sachets in different flavours such as cola, vanilla, strawberry, orange, pineapple, and banana.  How does Kamagra Jelly Vol 1 work? Kamagra Oral Jelly Vol 1 contains sildenafil, a PDE5 (phosphodiesterase type 5) inhibitor. Sildenafil found in Kamagra oral jelly works on the erectile tissue of your penis to boost the blood circulation into the penis, which is essential to cause an erection. Nitric oxid

Remedy for Erectile dysfunction (ED)

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ED or Erectile Dysfunction is a common problem faced by many men. As per stats, around 30 million men face this problem globally. A common question that pops up is the probable cause of this, who is more susceptible to this problem, and the right course of treatment for this issue. In this blog, we will try to answer all the questions. Let’s get started !!! Who is more prone to face the problem of erectile dysfunction? There can be several reasons for erectile dysfunction, and the following people are more prone to face this issue: Age is an important factor. If you have any health conditions like diabetes or high BP, then there is a greater probability for you to face the ED issue. Any kind of injury in the spinal cord, pelvis, or penis can cause erectile dysfunction issues. If you are overweight, it can also lead to erectile dysfunction issues. In addition to physical injury or illness, stress and poor lifestyles like smoking and drinking can result in erectile dysfunction.  The righ

BUDGET 2022: WILL IT MAKE INDIAN PHARMA A SUNRISE SECTOR?

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The Indian pharma sector has been a center point of attention during the pandemic, and why not. The growth of any industry is dependent on several intrinsic and extrinsic factors. The role of the Indian pharma sector has been quite significant in the economy and the GDP of the country. As per RBI, the pharma sector contributes 2 % of the GDP. The Indian pharmaceutical industry ranks third globally in production by volume and holds 14th position by value. In addition to its contribution to the GDP, the Indian pharma industries also contribute 8 % to the country’s total merchandise exports. Source:  https://www.rbi.org.in/Scripts/BS_ViewBulletin.aspx? Some remarkable initiatives by the Government of India • On 24th March 2021, the Government of India announced the Production Linked Incentive ( ‘ PLI ‘ ) scheme for the pharmaceuticals sector with total financial assistance of Rs 15,000 crores. • In 2020, a budget of Rs 6,940 crores for eight years was initiated by the Government of India

Essential drugs prices to rise in India Government notification: What’s the pharma Industry’s take on this?

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The Indian pharma market is growing and is envisaging a new journey wherein we are witnessing a rise in the market share of the pharma companies on the global forum. The Indian pharma market stands at the third position globally in terms of volume and the 14th largest in terms of value. With so much being done, the Indian pharma industry is undergoing a transformative change. One of the major changes the impact of which will soon be felt in the common man’s pocket is the surge in the pricing of certain drugs. India’s apex drug pricing regulatory authority made the announcement on March 26th, 2022. It is said that there will be a 10.7% rise in the pricing of essential drugs. And this change will come into effect on April 1st, 2022. Different medicines that fall in this category of essential drugs This is one of the steepest hikes in the pricing of medicines under the Drug (Price Control) Order, 2013. This announcement means that there will be a direct increase in the pricing of some of