India is the Leading Exporter in Generic Formulations - Brand India Pharma

India is the Leading Exporter in Generic Formulations - Brand India Pharma PR Newswire MADRID, Spain and GURGAON, India, October 16, 2012 MADRID, Spain and GURGAON, India, October 16, 2012 /PRNewswire/ -- Business Seminar: Generics From India - Quality and Affordability Under one of its major activities under the Brand India Pharma campaign at CPhI Worldwide, India organised a business seminar on a relevant and contemporary topic Generics from India: Quality and Affordability. Brand India Pharma It is no secret that India is the leading exporter in generic formulations. In fact, almost 2/3rd of these exports are to the highly regulated markets like the US and Europe, a fact which speaks a lot about the quality of the Indian medicines. However, as the industry is getting more competitive by the day, it is important for the industry to realise the fact that there is a need to maintain a right balance between quality and affordability. At the same time, India is on track to expand its reach to newer markets which makes it equally critical for the Indian pharmaceutical industry to keep its focus on quality, affordability and accessibility of medical solutions for the global pharma market. During the inaugural session, after the opening remarks by Mr. Sunil Lal, Ambassador of India to Spain, the audience was addressed by Mr. S R Rao, Commerce Secretary, Ministry for Commerce and Industry, Government of India.