India's pharma exports rise 4.9% to $16.14 billion in H1

India's pharmaceutical exports grew 4.9% year-on-year to $16.14 billion in the first half of FY27. Strong demand from Europe, Latin America, Africa and ASEAN markets offset a fall in shipments to North America, including the key US generics market. Experts say the next phase of growth needs more investment in R&D, complex generics, biosimilars and specialised therapies.