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Pharma exporters to furnish data on dues
Mint Mumbai
|October 08, 2025
The Pharmaceuticals Export Promotion Council of India (Pharmexcil), a trade promotion agency set up by the commerce ministry, has sought information from Indian pharma exporters on payment defaults by foreign buyers.
India, the world's generic drugs capital, exports nearly $28 billion worth of medicines a year, making up 20% of the global volume. Around 4,000 drug makers are members of Pharmexcil.
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