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At Everprime Shipping, we understand the high degree of responsibility involved in pharma transport. We comply with the statutory requirements and compliances as well as assure all manufacturer guidelines are met with in regard to transportation of pharma goods. All processes are followed to ensure zero temperature excursions and delays.
India is one of the fastest-growing pharmaceutical markets in the world and has established itself as a global manufacturing and research hub. A large raw material base and the availability of a skilled workforce give the industry a definite competitive advantage.
The Indian pharmaceutical industry is expected to touch US$ 100 billion by 2025.
Globally, India ranks third in terms of volume of production and fourteenth largest by value and is also expected to move up to eleventh place by 2017.
India exports to more than 200 countries; its share of exports is expected to grow manifold. Pharmaceutical exports from India grew at a rate of 1.2 per cent to reach US$ 14.84 billion in 2013-14.
The US is the prime importer of pharmaceuticals from India and accounts for nearly 25 per cent of Indian pharmaceutical exports, followed by the European Union and Africa at second and third positions respectively.
The export of bulk drugs continue to grow to regulated markets and is supported by India’s existing foothold in the semi-regulated market.