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LOK SABHA
Exports of large number of Indian drugs are destined to more than 200 countries around the globe including highly regulated markets of US, Europe, Japan and Australia.. The value of export of drugs, pharmaceuticals and fine chemicals during the last three years has been as follows :-
Year
Value of exports(Rs./crore)
2001-02
9834.70
2002-03
12826
2003-04
14321(provisional)
Facilitation of Indian exports is done through Export-Import Policies announced from time to time.
Government of India is extending financial assistance through Export promotion Councils by way of Market Development Assistance Scheme(MDA) and Market Access Initiatives Scheme(MAIS) to all India exporters (including exporters of drugs, pharmaceuticals and fine chemicals) for increasing Indian Exports.
This information was given by the Minister of Chemicals & Fertilisers and Steel, Shri Ram Vilas Paswan in written reply to a question in Lok Sabha today.
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