India s pharma industry has to grow by 3-4 times to account for 20% of manufacturing sector, said Arunish Chawla, secretary department of pharmaceuticals (DOP) said today at the CII Lifesciences summit. Known as the pharmacy of the world, Indias pharma sector exported $50 billion last year.
Amazon is aiming to export $20 billion worth of merchandise from India by 2025 by adding thousands of small sellers to its e-commerce platform. The company has added over 100,000 small manufacturers to sell a wide range of products to overseas customers. The platform has seen 70% business growth annually for thousands of small exporters, who previously lacked access to global markets.
Amazon has slashed the subscription fees for its global selling programme from $120 to $1 for the first three months for exporters signing up before March 31