India, Jan. 31 -- How is the biosimilars market shaping in India right now?

India's biosimilars market is expanding rapidly andis acrucialpillar of India's healthcare and pharmaceutical ecosystem.Multiple industry estimatesindicate double-digit growth, with the market valued at around $ 1-1.3 billion in the mid-2020s and projected to reach $ 4-5 billion over the next decade,suggestingstrong and sustained momentum. The biosimilars market in India was valued at approximately $ 1.3 million in 2025 and is expected to reach $ 5.9 million by 2033. A compound annual growth rate of 21.3per cent is expected for India biosimilars market from 2026 to 2033.

This growth is underpinned bystrong biologics manufacturing capabilities, a skilled scientif...