Pharma Exports Rise 5% in First Half as Europe Gains
India's pharma exports rose 5% in the first half of the fiscal year, reaching $16.14 billion. Gains in Europe, Africa, Latin America and ASEAN countries offset a slowdown in the US. The shift reflects a strategy to spread sales across more markets.
Context
Context: India is often called the pharmacy of the world, with generic medicines a big export. Relying on one market like the US carries risk, which is why companies are widening their customer base.
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