PM Modi, Rishi Sunak, Ishaan Khatter: Highlights Of NDTV World Summit 2025

Asked how large is the Indian pharma industry, Intas Pharmaceuticals' Global Operations CEO Rakesh Bamzai said: "Around 50-55 billion dollars. And 20-25 billion dollars worth exports." 

Explaining the importance of a generic product, he said: "A generic product that mimics an innovator product. For example, a brand, say ABC, treats a particular disease there's a patent for that brand. The company works on that product and conducts tests on the product. Once that's done, there's a filing and if the regulator finds that it matches the quality, they give a go-ahead to produce that."