India Generic Drugs Market Size, Growth, Trends, Share, Analysis and Report 2025-2033
Generic Drugs Market in India 2025: How Big is the India Generic Drugs Industry? The India generic drugs market size reached USD 28.06 Billion in 2024 . Looking forward, IMARC Group expects the market to reach USD 51.47 Billion by 2033 , exhibiting a growth rate (CAGR) of 6.97% during 2025-2033. Market Statistics Base Year: 2024 Historical Years: 2019-2024 Forecast Years: 2025-2033 Market Size in 2024: USD 28.06 Billion Market Size in 2033: USD 51.47 Billion Market Growth Rate (CAGR) 2025-2033: 6.97% India Generic Drugs Market Trends and Drivers: India generic drugs market is expanding steadily, powered by a mix of affordability, robust manufacturing base, and expanding global as well as domestic healthcare demand. Essentially, generic medicines are low-cost substitutes for branded drugs and play a vital role in enhancing accessibility of healthcare for the large population of the nation, es...