Emerging Domestic Drug Manufacturing Market in India - The Indian pharmaceutical industry enjoys a superior position in the global healthcare market. It is the third-largest in terms of volume and the fourteenth largest by value. During 2019-2020, the total annual turnover of the Indian pharmaceutical industry was INR 2,89,998 crores. Its name also shines in pharmaceutical exports. Our country exports medicines to nearly 206 countries, including the United States - the largest export destination.