CONTEXT:

• The country’s pharmaceutical exports rose by 11% to USD 19.2 billion in 2018-19, mainly driven by higher demand in regions such as North America and Europe.
• The pharma exports in 2017-18 stood at USD 17.3 billion and USD 16.7 billion in the previous fiscal.
• North America constitutes about 30% of Indian pharma exports, followed by Africa and the European Union with 19% and 16% share.