India’s FDF pharmaceutical export trade with ASEAN countries – A study of 20 years’ secondary trade data

April 2022
Vol-7, Issue-2
Paper ID: 16388
ISSN: 2395-4396
Downloads: 0

Abstract & Details

Research Area
COMMERCE
Keywords
World Health Organization Finished Dosage Form finished pharmaceutical product Active Pharmaceutical Ingredient Association of South East Asian Nations Compounded Annual Growth Rate Financial Year United states dollar Indian Rupees.
Abstract
The pharmaceutical industry in India is contributing 1.72% of India's GDP becoming one of the rapidly growing industries in India. India is known as the "Pharmacy of the World" due to its quality and cost-effective solutions in the FDF pharmaceutical manufacturing. The contribution of FDF pharmaceutical exports from India is about 5.20% of total exports closing at USD 16,288.51 million for the year 2019-2020. While India's FDF Pharma exports have grown to nearly 17 times in the last 2 decades we performed secondary data trend and growth analysis to understand its contribution by ASEAN counties. India's FDF pharmaceutical exports to ASEAN counties as well as India's Total export to ASEAN countries grew similarly around 13 % in 2 decades period however the % contribution of India's FDF pharmaceutical exports to ASEAN counties has gone downwards from 9.20 % to 5.80 %. Future studies should be done to understand the reason behind the fall in % contribution.

Author Information

# Name Institute / Affiliation
1 Nikunj Patel Ph.D Scholar, Sabarmati University, Ahmedabad
2 Dr. Anshul Rajawat, Ph.D Guide, Associate Professor, Sabarmati University, Ahmedabad

How to Cite

Use the following formats to cite this article in your research.

APA Style
Patel, Nikunj & Rajawat,, Dr. Anshul (2022). India’s FDF pharmaceutical export trade with ASEAN countries – A study of 20 years’ secondary trade data. International Journal of Advance Research and Innovative Ideas In Education, 7(2), 1761-1766.
MLA Style
Patel, Nikunj, and Dr. Anshul Rajawat,. "India’s FDF pharmaceutical export trade with ASEAN countries – A study of 20 years’ secondary trade data." International Journal of Advance Research and Innovative Ideas In Education, vol. 7, no. 2, 2022, pp. 1761-1766.
IEEE Style
Nikunj Patel and Dr. Anshul Rajawat,, "India’s FDF pharmaceutical export trade with ASEAN countries – A study of 20 years’ secondary trade data," International Journal of Advance Research and Innovative Ideas In Education, vol. 7, no. 2, pp. 1761-1766, 2022.
Vancouver Style
Patel Nikunj, Rajawat, Dr. Anshul. India’s FDF pharmaceutical export trade with ASEAN countries – A study of 20 years’ secondary trade data. International Journal of Advance Research and Innovative Ideas In Education. 2022;7(2):1761-1766.
Harvard Style
Patel, Nikunj & Rajawat,, Dr. Anshul (2022) 'India’s FDF pharmaceutical export trade with ASEAN countries – A study of 20 years’ secondary trade data', International Journal of Advance Research and Innovative Ideas In Education, 7(2), pp. 1761-1766.
Chicago Style
Patel, Nikunj and Dr. Anshul Rajawat,. "India’s FDF pharmaceutical export trade with ASEAN countries – A study of 20 years’ secondary trade data." International Journal of Advance Research and Innovative Ideas In Education 7, no. 2 (2022): 1761-1766.
Turabian Style
Patel, Nikunj and Dr. Anshul Rajawat,. "India’s FDF pharmaceutical export trade with ASEAN countries – A study of 20 years’ secondary trade data." International Journal of Advance Research and Innovative Ideas In Education 7, no. 2 (2022): 1761-1766.

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