Question
Download Solution PDFAccording to IBEF 2021, the Indian pharmaceutical industry ranks _____ in the world on the basis of volume.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct option is 3rd.Key Points
- Indian Brand Equity Foundation:-
- It is a government of India initiative that works to promote the brand image and prestige of India.
- IBEF was formed in 2003 and is headquartered in New Delhi.
- The mission of IBEF is to develop India as a global brand. It works to promote India's diversity, richness, and culture.
- IBEF also works to raise awareness of India and attract foreign investment.
- According to IBEF 2021, the Indian pharmaceutical industry ranks 3rd in the world on the basis of volume.
Additional Information
- Indian pharmaceutical industry:-
- It is the largest provider of generic drugs globally and accounts for 20% of the world's generic drug exports.
- India is also one of the world's largest producers of vaccines, supplying more than 60% of vaccines globally.
- The Indian pharmaceutical industry is expected to grow at a CAGR of 11% to reach USD 130 billion by 2030.
Last updated on Jun 13, 2025
-> The SSC CGL Notification 2025 has been released on 9th June 2025 on the official website at ssc.gov.in.
-> The SSC CGL exam registration process is now open and will continue till 4th July 2025, so candidates must fill out the SSC CGL Application Form 2025 before the deadline.
-> This year, the Staff Selection Commission (SSC) has announced approximately 14,582 vacancies for various Group B and C posts across government departments.
-> The SSC CGL Tier 1 exam is scheduled to take place from 13th to 30th August 2025.
-> Aspirants should visit ssc.gov.in 2025 regularly for updates and ensure timely submission of the CGL exam form.
-> Candidates can refer to the CGL syllabus for a better understanding of the exam structure and pattern.
-> The CGL Eligibility is a bachelor’s degree in any discipline.
-> Candidates selected through the SSC CGL exam will receive an attractive salary. Learn more about the SSC CGL Salary Structure.
-> Attempt SSC CGL Free English Mock Test and SSC CGL Current Affairs Mock Test.
-> Candidates should also use the SSC CGL previous year papers for a good revision.