New Delhi, Oct. 29 -- India's pharmaceutical exports grew 4.90 per cent year-on-year to reach USD 16,135.93 million during the first half of the financial year 2026-27 (April-September 2026), up from USD 15,382.85 million recorded in H1 FY26.

According to the Pharmaceuticals Export Promotion Council of India (Pharmexcil), the expansion during the six-month period drew support from steady increases in shipments of drug formulations, biologicals, bulk drugs, drug intermediates, and surgical products.

Quarterly figures showed that outbound shipments during July-September 2026 (Q2 FY27) expanded 3.05 per cent year-on-year to USD 8.04 billion compared with USD 7.80 billion in the corresponding period of the previous fiscal. Within the second...