New Delhi, Dec. 18 -- India can further consolidate its positioning in global pharmaceutical markets as a "trusted" supplier of affordable, quality medicines by overcoming non-trade barriers, expanding regulatory cooperation for mutual recognition, and building a robust life sciences innovation ecosystem, commerce secretary Rajesh Agrawal told officials and stakeholders at a brainstorming meeting on Wednesday.

"India is the third largest pharmaceutical producer by volume and 14th by value, with medicines reaching over 200 markets, including a strong presence in stringent regulatory destinations," he said while virtually addressing stakeholders at a chintan shivir on pharmaceutical exports organized by the department of commerce in collab...