New Delhi, July 1 -- India's pharmaceutical exports reached $4.9 billion in April-May of FY26, according to data released by the government's Pharmaceuticals Export Promotion Council of India (Pharmexcil) on Tuesday.

This marks a strong 7.38% expansion compared with the same period last year, highlighting the industry's continued upward trajectory and its key role globally.

Pharmexcil, a body under the ministry of commerce, attributed the momentum to strategic initiatives focused on sustainable manufacturing, expanded global market presence, and digital innovation aimed at streamlining regulatory processes.

It said these efforts are fundamental to India's ambitious goal of achieving a trillion-dollar trade target for its pharma industr...