Outlook for pharma companies positive: ICRA

Painting a favourable picture for the domestic pharmaceutical companies, ICRA said balance sheets of major pharmaceutical companies remain strong and provide adequate room for fund raising if required.

India aims to clock $15.5 bn pharma exports in FY'13

India is aiming to export pharmaceutical products worth USD 15.5 billion in 2012-13 fiscal, a jump of around 17 percent compared to USD 13.22 billion in 2011-12, Ministry of Commerce and Industry Joint Secretary Mridul Jain said Thursday.