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Impact of COVID-19 on pharma formulation: Bhupendra Pratap Singh Chauhan, CQA Head, Morepen Laboratories

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Bhupendra Pratap Singh Chauhan, CQA Head, Morepen Laboratories, started his address by sharing some facts and figures with the audience. Quoting data from the Ministry of Commerce, he stated that India’s pharma exports touched Rs 1.8 trillion in fiscal 2022, marking flat growth compared to the last fiscal. In the pandemic year of 2020-21, pharma exports had grown by 18 per cent to $24.4 billion (roughly Rs 1.8 lakh crore at current exchange rates), he noted. Apart from it, he also informed that pharma export from India was $20.7 billion in financial year 2020 as compared to $19.14 billion in 2019.

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